Overview

Last week equity markets remained fairly resilient only slipping slightly, whilst holding above key technical support. Overall the macro fundamental releases last week were solid with GDP coming in close to expectations. This week is (more...)

3^rd December 2009

Currency Overview

Focus on ECB policy decision and Short term Interest rates

Today sees the release of the ECB policy decision and the usual press conference. The press conference holds the key in terms of possible volatility in short-term interest rates. With EURIBOR futures steadily moving lower in the past few days from their respective highs, it would seem that market participants may be anticipating a potential move by the ECB. (more...)