With a mix of economic data across the globe, a continuing decline in the euro and returning concerns over Iraq, Bill Hubbard gives his views on the outlook for global markets.
- We have seen a rotation from the emerging market currencies into the euro and now back out into peripheral bond markets, with Italian and Spanish yields at 4 year lows
- UK data continues to improve but will Carney use the Mansion House speech to discuss rates and what will the MPC minutes say next week?
- Crude oil prices have jumped by $2 as conflict in Iraq re-emerges into the spotlight, will the UN or NATO intervene and how will that impact the markets?
- Is volatility in the financial spread betting markets set to rebound over the summer?
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