Insights

 

FX Daily
March 17, 2014 Posted by
Global equity markets have rallied today via lowered investor concerns surrounding the Crimea situation as yesterday’s vote to leave Ukraine didn't leade to further turmoil and s/t uncertainty.
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CIO Vantage Point; Economic Outlook
March 14, 2014 Posted by
Crimean secession, European depression, and Puerto Rican accession.
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FX Daily
March 14, 2014 Posted by
The yen has been the big winner today, rising for a fifth day in a row as investors continue to look for safe havens ahead of the referendum that may lead to Crimea’s succession.
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Advisories
March 14, 2014 Posted by

Given the relative newness of these securities, we are not convinced that a real secondary market for the debt exists. A strong supply and demand in the secondary market is necessary to create the kind of liquidity we want to see for investments in our client portfolios. Currently, we don’t see either. If an investor in an extendible security wants immediate liquidity, we see a real potential for principal loss.

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FX Daily
March 13, 2014 Posted by
The dollar is getting crushed against all of its major counterparts this morning on U.S. retail sales. The euro reached the highest level in more than two years as the ECB signaled continued support for the region’s recovery.
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FX Daily
March 12, 2014 Posted by
The euro and yen are stronger this morning as traders are favoring safe haven currencies ahead of reports on Chinese retail sales and factory output.
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FX Daily
March 11, 2014 Posted by
The euro fell after a three-day rally as traders scale back given the recent valuation run. The Aussie and kiwi are moving higher today on expectations that the Reserve Bank of New Zealand will raise its Official Cash Rate to 2.75% from 2.5% on Thursday.
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FX Daily
March 10, 2014 Posted by
Asian-Pacific currencies fell after a report showed that Chinese exports fell sharply in February. The Aussie dropped half a percent along with the Korean won and Malaysian ringgit.
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