Posts Tagged ‘consensus’
Forex Exchange Morning Report
Caution over equity valuations in Asia
AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.
Says Aaron Gurwitz, Barclays Wealth managing di… more
Weekly Technical Commentary
Retreating from ‘channel’ and Fibonacci retracement resistance, as expected, as consensus opinion sees the yen weakening to 99.00 in twelve months’ time. The weekly close below the 9-week moving average has turned momentum bearish and many other yen crosses are doing something similar. All other elements of the ‘cloud’ chart…
Weekly Economic and Financial Commentary
December’s employment report was somewhat of a disappointment. Many were expecting a small increase in employment to be reported for December, even though the consensus was calling for a small decline. Our own forecast called for a larger than consensus drop and we had repeatedly noted that the optimism so…
Sharp Q4 dip seen as little more than a blip
(SINGAPORE) Economic momentum may have fallen off a little more than expected in the last quarter, but economists say the underlying recovery in Singapore remains on track.
Indeed, with flash Q4 GDP data in hand, at least two forecasters yesterday jacked up their estimates of Singapore’s 2010 full-year growth, adding to the market consensus that was already above the official forecast of 3 to 5 … more
The Weekly Bottom Line
The nonfarm payroll employment survey ended the week on a positive note from an economic data perspective. While the consensus expectation was that the U.S. economy had shed fewer (125K) jobs in November than in recent months, the actual figure showed what was nearly an unchanged level of employment (-11K)….



