14 Oct 2014
Low inflationary dangers - Societe Generale
FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale explained that today's two big currency fallers are the pound and the Swedish krona.
Key Quotes:
“Both saw downside surprises in inflation”.
“The mantra in markets is that low inflation is the major danger facing us, though as it is the best hope consumers have of seeing their real wages rise, there is another perfectly valid side to that debate”.
“The S&P is holding up today and the fall in Treasury yields is temporarily being stopped. US small business confidence dipped but that's not really going to affect sentiment too much”.
Key Quotes:
“Both saw downside surprises in inflation”.
“The mantra in markets is that low inflation is the major danger facing us, though as it is the best hope consumers have of seeing their real wages rise, there is another perfectly valid side to that debate”.
“The S&P is holding up today and the fall in Treasury yields is temporarily being stopped. US small business confidence dipped but that's not really going to affect sentiment too much”.