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6 Feb 2015
Volatility, USD & Gold win in 2015 - BAML
FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch explained that
the Fed could hike in Q4 2015.
Key Quotes:
"Central Bank victory means that lower rates, currencies,oil successfully boosts global GDP & PMI's in Q2/Q3,allowing Fed hikes in Q4."
"Bond yields would soar in H1 on this outcome."
"Defeat, no recovery, and currency wars, debt default and deficit financing become macro realities."
"We predict "victory", and thus stocks outperform bonds this year. Real estate, banks & Europe will be the "tells". Victory or defeat, volatility, the US$ & gold are winners this year."
the Fed could hike in Q4 2015.
Key Quotes:
"Central Bank victory means that lower rates, currencies,oil successfully boosts global GDP & PMI's in Q2/Q3,allowing Fed hikes in Q4."
"Bond yields would soar in H1 on this outcome."
"Defeat, no recovery, and currency wars, debt default and deficit financing become macro realities."
"We predict "victory", and thus stocks outperform bonds this year. Real estate, banks & Europe will be the "tells". Victory or defeat, volatility, the US$ & gold are winners this year."