Thoughts – Insights

"The Day Today" - 14 April 2015

* After their surprise easing in January, the MAS does nothing in their scheduled semi-annual meeting * Abe adviser Hamada: “I don’t think it’s a bad thing to send a signal that selling of the yen is coming closer to its limit bit by bit” *

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"The Day Today" - 13 April 2015

* Fed Lacker: “the case for raising rates will remain strong at the June meeting”; regarding weak data: “temporary factors like unseasonable weather” * Fed Kocherlakota: “raising interest rates is going to…drive [the economy] the wrong way” * BOJ Kuroda: “Japan’s economy is expected to continue recovering moderately as a trend” * Bundesbank Tells German…

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"The Day Today" - 10 April 2015

* The US Treasury semi-annual report urged euro area governments and Tokyo not to rely solely on monetary policy to lift growth * China’s repo rate drops for a 6th week, longest decline since 2009 * FT: “Currency . . . To read this article, please log in or sign up to one of our…

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"The Day Today" - 9 April 2015

* FOMC Minutes: “several” thought June the right time for lift-off, “others” better to wait longer, “some” want to wait until 2016 * Fedmulls selling short term bonds to trim repo use after any rate * Moody’s warns Brexit is a bigger threat to UK rating

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"The Day Today" - 8 April 2015

* Shell to buy BG group for £46bn, one of the biggest oil and gas deals in the last 20 years * UK BRC Shop Price Index -2.1% (largest decline since inception on Dec 2006) vs previous -1.7% * Japanese outflows: buy the most Italian securities ever; buy the most Australia govt . . ….

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