Adrian Schmidt Quotes (8 Quotes)

People still see the likelihood of a rate cut this year and certainly not an increase in rates. Sterling is showing some weakness.

Oil damps growth everywhere but the high oil price may well be hurting Asia and Japan a lot more. Oil prices won't be positive for the yen.

In the second half they will probably be a bit below the average, but not substantially.

People have been a bit long on Norway and it looks like they have sold on the news.

While their analysis is seen as proper, it is also somewhat out of date. If it was up to date it would be taken more seriously.

The signs are the bank won't move soon to cut rates, ... We see the euro falling to 83 cents later this year.

In reality the economic news is still pretty ropey. On the yen, I am bearish.

People have reacted to the idea that the Fed may not do anymore after the next move -- its possible they may be right but to justify further weakness we may need to see more evidence of the U.S. economy weakening and I don't think that will be in the employment report.