The interest rate dynamics have been favorable and the indicators have been better than expected over the last four or five weeks.
More Quotes from Adam Cole:
The MA inflows have already been significant and I think there is potential for a lot more to come because the UK equity market is among the largest, relative to GDP, and among the cheapest at the moment.Adam Cole
The yen has gained on the vote of confidence in the Japanese economy, and that rates may start to rise sooner than expected.
Adam Cole
What we're seeing today is a very long-term trend asserting itself - people abandoning the euro and buying the U. S. economic miracle, ... OPEC's decision is not helping the euro much today either.
Adam Cole
It's notable that CAD has participated less in the gains against the U. S. dollar than most currencies have seen.
Adam Cole
Volumes are still unusually thin at the moment, with half the Far East still on holiday.
Adam Cole
Having said that, the leading indicators of GDP are pointing to a very significant slowdown. From here it would appear growth for the final quarter will slow and for the first few months of next year as well.
Adam Cole
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