8 Apr 2015
FOMC minutes on the spotlight today – DB
FXStreet (Edinburgh) - Analysts at Deutsche Bank remarked today’s significant release in the US economy.
Key Quotes
“Anyway enough of this melancholy. Its FOMC minutes day today and also the unofficial start of Q1 earnings as Alcoa reports after the closing bell”.
“The minutes will be interesting as this was from the meeting a few weeks ago where the Dollar strength perhaps came up more than people anticipated. So it'll be interesting if we hear more details”.
“Any hawkish comments on rates will likely be tempered by Friday's weak payroll numbers so the minutes are a little behind the curve but interesting nevertheless”.
“As longstanding proponents of the view that US rate hikes in 2015 will be very difficult to achieve, recent data has gone our way”.
“However we should be aware that Q1 GDP has been consistently poor in recent years and perhaps there is some seasonal distortion that has not been fully factored in the stats”.
Key Quotes
“Anyway enough of this melancholy. Its FOMC minutes day today and also the unofficial start of Q1 earnings as Alcoa reports after the closing bell”.
“The minutes will be interesting as this was from the meeting a few weeks ago where the Dollar strength perhaps came up more than people anticipated. So it'll be interesting if we hear more details”.
“Any hawkish comments on rates will likely be tempered by Friday's weak payroll numbers so the minutes are a little behind the curve but interesting nevertheless”.
“As longstanding proponents of the view that US rate hikes in 2015 will be very difficult to achieve, recent data has gone our way”.
“However we should be aware that Q1 GDP has been consistently poor in recent years and perhaps there is some seasonal distortion that has not been fully factored in the stats”.