11 Feb 2015
The day ahead ad key events - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank said that today it is all about events. So whats in store?
Key Quotes:
"First and foremost is the extraordinary Greece-focused Eurogroup meeting, which obviously presents a potentially huge tail risk even if the likelihood of a real revolution still appears to slight (one hopes)."
"We also have two Russia-focused twists: the Greek foreign minister’s ‘coincidental’ trip, and a Franco-German-Russian-Ukrainian summit in Minsk as fighting surges again."
"There is also the G-20. Yesterday saw the official seal of approval for ultra-loose monetary policy (which is not about weakening currencies, honest)."
"Notably, income inequality was also mentioned for the first time ever (though as a suffix rather than an explanatory factor for excess savings, weak demand, the need for the ultra-loose monetary policy, and the currency wars we aren’t having). Clearly someone has read Piketty, even if they perhaps should also be reading Woody Allen."
Key Quotes:
"First and foremost is the extraordinary Greece-focused Eurogroup meeting, which obviously presents a potentially huge tail risk even if the likelihood of a real revolution still appears to slight (one hopes)."
"We also have two Russia-focused twists: the Greek foreign minister’s ‘coincidental’ trip, and a Franco-German-Russian-Ukrainian summit in Minsk as fighting surges again."
"There is also the G-20. Yesterday saw the official seal of approval for ultra-loose monetary policy (which is not about weakening currencies, honest)."
"Notably, income inequality was also mentioned for the first time ever (though as a suffix rather than an explanatory factor for excess savings, weak demand, the need for the ultra-loose monetary policy, and the currency wars we aren’t having). Clearly someone has read Piketty, even if they perhaps should also be reading Woody Allen."