We believe the potential for negative events in Europe will keep the euro on the defensive against the dollar and sterling, but the downside looks limited in the near term given investors in general are already broadly holding negative positions.
There are some positive dots that we can join together when looking at the UK economy, which when viewed as a connected string, is beginning to show a slightly more creditable and credible pattern.
Although we remain cautious regarding exposure to European equities in general, selective opportunities may be emerging, as long as global central banks maintain the easy- money stance that is helping to fuel appetite for risk.
The analysts upgraded their estimate for fixed-income, currencies and commodities sales to a 13 percent drop for the first quarter from a decline of 26 percent after a “material improvement” at the start of the year, the analysts said, while t
No reasonable person contests the idea that we should all pay our proper dues. Nevertheless, in a week when it has emerged that HMRC wrote off £10.9 billion last year (with the Treasury expressing ‘some surprise’ according to the Public
Oh please stop wringing your hands, politicians, and apparently blaming everyone else except yourselves.