Adrian Schmidt Quotes

The signs are the bank won't move soon to cut rates... We see the euro falling to 83 cents later this year. - Adrian Schmidt

The performance was stronger than the headline numbers suggest. It suggests that manufacturing is accelerating. - Adrian Schmidt

The markets would like to see some statement that the G7 are quite happy with the dollar-yen rate and if it stays at 120 yen they will be delirious. - Adrian Schmidt

The issue is will [Greenspan] have a more hawkish stance than he has (had) before. I think he will because I think that's what the Fed started to do with changing the statement. - Adrian Schmidt

The increased production being touted by Saudi Arabia and Kuwait is not going to be enough to dent the price. - Adrian Schmidt

People still see the likelihood of a rate cut this year and certainly not an increase in rates. Sterling is showing some weakness. - Adrian Schmidt

People have reacted to the idea that the Fed may not do anymore after the next move -- its possible they may be right but to justify further weakness we may need to see more evidence of the U.S. economy weakening and I don't think that will be in the employment report. - Adrian Schmidt

People have been a bit long on Norway and it looks like they have sold on the news. - Adrian Schmidt

Oil damps growth everywhere but the high oil price may well be hurting Asia and Japan a lot more. Oil prices won't be positive for the yen. - Adrian Schmidt

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