Archive for March, 2016

Modestly Dovish Dudley

Tuesday, March 1st, 2016

New York Fed President Dudley spoke in China and averred that he is a bit less optimistic about inflation returning to 2 percent. Via Bloomberg: Dudley marked down growth forecast only 'very modestly' so far Downside risks have risen and could trigger larger downgrade Federal Reserve Bank of New York President William C. Dudley ...

Early FX

Tuesday, March 1st, 2016

Via Kit Juckes at SocGen; An uneventful day in Asian markets gives Europe relatively little to go on as PMI releases and the wait for Friday's US jobs report dominate. But oil prices are steady, still doing a good impression of bottoming-out. We'll stay long CAD and NOK, short NZD, and ...