Posts Tagged ‘morgan-stanley’

Corn Falls Four Consecutive Days as DOA Forecasts Record Production

by Christopher Lemieuxon June 3, 2014 12:54 pm GMT
Corn fell for the fourth consecutive day after reports show that crop planting in the United States is near completion and in good condition, signaling potential for record production. Nearly 95 percent of the seasons crops have been planted with 76 percent of those crops in good or excellent condition, according to the Department of […]

Yuan Continues Its Decent, Expected to End the Year Higher

by Christopher Lemieuxon May 5, 2014 5:16 am GMT
Morgan Stanley forecasts continued bearishness on the Chinese yuan, as option traders become the most bearish on the offshore yuan in ten months. The HSBC final manufacturing PMI came in at 48.1 in April, lower than the 48.3 from the previous month. Along with poorer than expected economic data, the yuan has declined as the People’s […]

Lagarde Foresees the Taper to Add FX Volatility

by Christopher Lemieuxon February 27, 2014 5:04 am GMT
Christine Lagarde, managing director at the International Monetary Fund (IMF), foresees volatility in the currency markets as the Federal Reserve continues to wind down their massive monthly asset purchases, which currently stands at $65 billion per month. Market participants have already see large moves in emerging economy currencies, such as the Turkish lira and Indian […]

Analysts Stick to Bearish Gold Outlook; Morgan Stanley and Goldman Sachs Firm

by Christopher Lemieuxon January 23, 2014 5:41 am GMT
Analysts continue to hold their bearish views on gold on the basis that continued gains in global equities will dwindle the need for so-called “safe haven” assets. Morgan Stanley and Goldman Sachs remain bearish as gold still remains under pressure. According to analysts Joe Crane and Peter Richardson, gold is targeted to drop 12 percent […]