Flash: Q1 looks like a distant memory - Societe Generale

Fxstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that Q1 was a long time ago but... the US GDP revision put a spring back in the step of taperdeniers and into bond markets everywhere.

He notes that today’s claims, personal income/consumption, pending home sales data are timelier but even so, with more Fed speakers taking to podia and after a blend of European data points, He writes, “I don’t think any of these figures will alter sentiment dramatically. In the UK, such a savage move, there is room for the risk bounce and bond rally to go further.”