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Archive for August, 2014

August 29th, 2014

PVM Midday Report 29 August 2014

Headlines

Eurozone inflation rate slows to a five-year low of 0.3% in August
Uganda’s estimated oil reserves revised upwards by 85% to 6.5 billion bbls
Russian Foreign Minister says no proof that…


August 29th, 2014

An invasion in all but name

There are at least 1000 Russian troops on Ukrainian soil according to both Kiev and Nato. President Obama said last week that there has been a “dangerous escalation of tension”….


August 29th, 2014

s/t MAs must hold for targets higher – Outlook becoming more positive

The contracts are trying to bed in and move higher. Yesterday, however, after a promising start they fell back and in most cases had yet to confirm the upside. The…


August 28th, 2014

PVM Midday Report 28 August 2014

Headlines

President Poroshenko claims Russian forces have made incursions into Ukraine
German unemployment rises slightly in August, rate holds steady at 6.7%
Eurozone gauge of economic sentiment falls to eight-month low in August
Exports…


August 28th, 2014

“What do we want?”

“What do we want? We want inflation” is the common central bank chorus. Not that long ago inflation was an anathema, now it is desperately sought after. They also want…