31 ordspråk av Ian Gunner

Ian Gunner

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en The fact that he is saying 'moderately augment' would appear to suggest that this will be a 25bp rather than a 50bp hike and that future rate hikes may also be limited.
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en People are just uncertain (on U.S. rates) and that sort of uncertainty will make it very difficult to get real directional moves in euro/dollar.
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en If people are looking for excuses as to why the European Central Bank may feel their hands are a little tied in the short-term (on rates) they could use this, but I think there's a whole wealth of information suggesting that things are on the mend.
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en I think there's a whole wealth of information suggesting that things are on the mend... I don't think this is really going to disturb market consensus that the German economy will continue throughout the course of this year.
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en The market will not be confident in attacking the dollar until there is a much greater degree of confidence in calling the peak on Fed funds.
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en It's a bit dangerous to be aggressively selling the dollar at the moment. If we're still getting strong economic data it's not clear that U.S. rate increases are going to stop as soon as people think.
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en The U.S. rate argument is unequivocal. Rates are going to keep on going up for the time being.
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en Sentiment is still dollar negative, and it will take some very decent equity news to turn this around. The market needs something to hang its hat on.
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en Japan doesn't like what is happening but they realize they are fighting a broad-based dollar decline.
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en The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
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en There's a general upside bias for the dollar right across the board, but that inclination is tempered a little when you come up against big events like the trade data.
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en I don't think it changes anything too much, in terms of what he might do at the next meeting -- it's unclear but he's very much in the minority.
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en There is a good chance that the Fed won't raise rates on Sept. 20 but in doing so they are likely reaffirm that they will raise rates thereafter.
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en It's the first key Fed speech since the scale of the devastation became apparent so that could be quite important if he is used as a vehicle to express Fed policy.
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en There's uncertainty about the floating voter.
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