Thoughts – Insights

"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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"The Day Today" - 7 April 2015

* RBA unch but retain easing bias * Fed’s Lockhart on a rate hike “I would probably be biased toward the July or September dates as opposed to June…the first quarter was anomalous again” * Fed’s Dudley wonders if March employment data reflects “temporary factors . . . To read this article, please log in…

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"The (April Fools) Day Today," - 1st April 2015

* SNP-backed Labour Government Would Leave UK Looking Like ‘Pre-crisis Spain’, Says US Fund Manager BlackRock: “Whoever wins – and the result could take time to emerge – will lead a weak government likely to pass only watered-down legislation.” * Fed’s George: “it’s more a . . . To read this article, please log in…

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