[However, some economists warn about interpretation of the OECD's signals.] While their analysis is seen as proper, it is also somewhat out of date, ... If it was up to date it would be taken more seriously. |
In reality the economic news is still pretty ropey. On the yen, I am bearish. |
In reality, the economic news is still pretty ropey. On the yen, I am bearish. |
In the second half they will probably be a bit below the average, but not substantially. |
Oil damps growth everywhere but the high oil price may well be hurting Asia and Japan a lot more. Oil prices won't be positive for the yen. |
People have been a bit long on Norway and it looks like they have sold on the news. |
People have reacted to the idea that the Fed may not do anymore after the next move -- its possible they may be right but to justify further weakness we may need to see more evidence of the U.S. economy weakening and I don't think that will be in the employment report. |
People still see the likelihood of a rate cut this year and certainly not an increase in rates. Sterling is showing some weakness. |
The increased production being touted by Saudi Arabia and Kuwait is not going to be enough to dent the price, |
The issue is will [Greenspan] have a more hawkish stance than he has (had) before. I think he will because I think that's what the Fed started to do with changing the statement, |
The issue is will [Greenspan] have a more hawkish stance than he has (had) before. I think he will because I think that's what the Fed started to do with changing the statement. |
The markets would like to see some statement that the G7 are quite happy with the dollar-yen rate and if it stays at 120 yen they will be delirious, |
The markets would like to see some statement that the G7 are quite happy with the dollar-yen rate and if it stays at 120 yen they will be delirious. |
The performance was stronger than the headline numbers suggest. It suggests that manufacturing is accelerating. |
The signs are the bank won't move soon to cut rates, ... We see the euro falling to 83 cents later this year. |