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Letter "A" » Adam Cole Quotes
«The market is building in a risk premium because of the uncertainty surrounding the election -- once we get that out of the way, all other things being equal, the euro will probably bounce.»
«Trade with Europe is being hit by the strength of sterling and the weakness of the euro. European exporters are winning market share at U.K. companies' expense.»
«What is doing the damage is the fact that the U.K. is pulling in more imports, which shows the continued strength of the economy and the strength of sterling.»
«The effect of (a budget failure) is underscoring the negative political background for the euro.»
«It highlights the weakness of Blair's leadership and increases the risk on UK assets but like most political events of the past year, the impact is likely to be short-lived.»
«There is a limit to the negative effect on the yen of the capital outflows that have been driving it down for the last two months.»
«We will see a gentle upswing from here.»
«With the election out of the way, the attention is now on the Bank of Canada. We're still at the early stages of a hiking cycle, which is moderately supportive of the Canadian dollar.»
«The signal that the Fed seemed to be sending yesterday is that they don't know where rates are going beyond March, hence the references to data-watching.»
«This left orders in the fourth quarter up an impressive 4.1% quarter-on-quarter and points to strong capital spending in the early months of 2006, which will likely make the Bank of Japan that much more confident that the time is approaching to start removing its ultra-easy monetary policy.»