US dollar just said something ? we should listen
The greenback made a sweeping statement yesterday that could prove a signal for strong further gains ? as USDJPY broke 100 late yesterday. Now it?s up to EURUSD and the 1.3000 level to build the case...
View ArticleNorway: Inflation strongly up ? food prices
Core inflation measured by CPI-ATE came out at 1.5% y/y in April compared to 0.9% last month. Nordea and Norges Bank was 1.1% while consensus was 1.0%. We had expected a rebound in food prices, but...
View Article@Nick_Beecroft #macro digest: #US 'Goldilocks' recovery paves way for three...
@Nick_Beecroft #macro digest: #US 'Goldilocks' recovery paves way for three more months of fun. #ECB #BOJ #equities http://t.co/A8lI2KxNmB
View ArticleNorway: Not that high inflation
We usually do not comment on the release of CPIXE Norges Banks favourite measure for core inflation. But this time it?s necessary. CPIX came out at 1.2% (published on...
View Article3 Numbers to Watch: US Retail Sales, US Inventories, USDJPY
Today?s US retail sales update is expected to post another decline, which will focus attention on the inventories report that follows. Also, keep an eye on USDJPY in the wake of last week?s rise above...
View ArticleUSD on the cusp ? can it make the break?
The US dollar is nearing longer term levels of strength after making a big statement last week ? can it follow through to a new highs? The US Retail Sales on tap later today likely to answer the...
View ArticleJapan support intact, though concern about JPY decline mounts
At present, there is enough patience in the global economy to stay supportive of Japan?s efforts to reflate the economy. More sharp JPY movements may, however, test this patience going forward.
View Article3 Numbers to Watch: EU Ind. Pro., DE ZEW, US NFIB Small Bus.
Eurozone industrial production and the ZEW Indicator for Germany will offer new numbers for evaluating Europe?s economic outlook. Later, the NFIB Small Business Optimism Index for the US hits the streets.
View ArticleEURUSD still trying to quit the 1.3000 habit. USDJPY dips.
EURUSD slipped back above 1.3000 overnight as a USDJPY dip had the greenback on the defensive overnight. This morning we look forward to the German ZEW for direction.
View Article@Steen_Jakobsen #Stressindicator : Is #Japan showing us the end of #Bernanke...
@Steen_Jakobsen #Stressindicator : Is #Japan showing us the end of #Bernanke 's put? http://t.co/Rj6v1IV0JG #macro #forex
View Article@Steen_Jakobsen Stress indicators: Is #Japan showing us the end of #Bernanke...
@Steen_Jakobsen Stress indicators: Is #Japan showing us the end of #Bernanke 's put? http://t.co/Rj6v1IV0JG #macro #forex
View ArticleThe Bermuda Triangle of economics
The economic Bermuda Triangle is keeping us all alert. Japan saved investors in Q1 and Q2 of 2013 by going full in. Now reality is creeping back via higher JGB yields, weak global growth and an event...
View Article@Steen_Jakobsen chronicle: The Bermuda Triangle of economics. http://t. ...
@Steen_Jakobsen chronicle: The Bermuda Triangle of economics. http://t.co/U2bQAllr76 #forex #macro #equities $JPY
View Article3 Numbers to Watch: UK Labour Mkt., US Ind. Pro., US NAHB Housing
Analysts expect another drop in the claimant count in today?s UK labour market report. Meanwhile, the market is looking for a decline in US industrial production and a modest rebound in the US NAHB...
View ArticleJPY crosses to get a nosebleed? EURUSD downside opens up.
USDJPY is getting a bit lonely as the JPY sell-off momentum is beginning to fade elsewhere ? correction time soon? Meanwhile, EURUSD breaks local support on the weak German GDP data.
View ArticleNorway: Rebound in mainland growth
? Mainland GDP will probably rebound in Q1 ? in line with Norges Bank?s view ? Norges Bank would have to change its view significantly in case of another weak figure It is often argued that the risk of...
View ArticleAussie continues its plunge, while GBP tries to put up a fight
The Aussie can?t catch a bid and a key trend-line in AUDUSD Is in play this morning. Meanwhile, sterling is trying to put up a fight after yesterday?s BoE inflation report.
View ArticleNorway: Mainland GDP rebounded ? as expected
? Q4 was a soft spot and mainland growth in Q1 is about as expected ? No need for Norges Bank to change view based on today?s figures. GDP growth in Mainland Norway was 0.7% q/q in Q1. Our forecast was...
View Article#macro #olloclip #ollonation #ollomacro #greein #fruit #kiwi #bestoftheday...
#macro #olloclip #ollonation #ollomacro #greein #fruit #kiwi #bestoftheday #clubsocial #editoftheday http://t.co/7szruUZInr
View ArticleJPY crosses to get up to some mischief next week?
JPY crosses are losing momentum in places, and what can?t continue to go up, may have to go down first. Meanwhile, the USD rally remains very much on track outside of a possible USDJPY hiccup soon.
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