Daily Archives: March 5, 2012

February’s ISM report disappointed with a decline to 52.4 in February from 54.1 as the regional PMIs had suggested another gain in the index. The ISM thus suggests a moderation in production growth from the hefty pace seen over the … Continue reading →

Last week a generally positive market sentiment was helped by the ECB flooding the euro area with three-year loans. The rally in most asset classes continued and new bond issuances were very successful at the end of the week. The … Continue reading →

In Danske’s view, next week’s Bank of England (BoE) rate decision is likely to be a non-event as the Monetary Policy Committee announced more quantitative easing at the last meeting and that round has not yet finished. It seems more … Continue reading →