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EURopean Wrap: Carney quote causes carnage again

annatimone Posted 27 Sep.  in #Miss Dukascopy 2013 #CHF #USD #UK #China #Boe #Europe #Swiss #Carney #Spain
Forex trading headlines from the European morning session 27 September
BOE governor Carney says he does not see a case for further QE.
• UK Nationwide HPI september m/m +0.9% vs +0.5% exp +0.7% prev
• China state council says it will test interest rate reforms in Shanghai trade zone
• US Fed’s Evans says headwinds are adding to a weak economy
• Evans says Fed wasn’t quite ready to taper
• China SAFE says strong USD and US recovery will help exports
• French final Q2 GDP +0.5% as exp/prev
• Swiss…
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When will we actually believe in a recovery?

annatimone Posted 6 Aug.  in #Miss Dukascopy 2013 #UK #Trading #Trade #Economy #Bernanke #Carney #Recovery #Abe
There was some very interesting response after the latest upbeat UK figures. The problem with judging a recovery is that you can’t confirm it until many months later when you can look back and say, “yep, that’s a recovery”. If a few figures start slipping early on then the fear creeps back in that the good run was temporary, the problems seem as bad as ever, and we’re all doomed….again, and so on. What are we supposed to do then? Do we fade the good figures if we believe that they will rever…
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