Adam Cole Quotes

(Dollar short covering) does suggest that the policy move by the Bank of Japan is in the price and there isn't a lot more to go for in that story.

- Adam Cole

Tags

Dollar | Short | Covering | Suggest | Policy |

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Having said that, the leading indicators of GDP are pointing to a very significant slowdown. From here it would appear growth for the final quarter will slow and for the first few months of next year as well. - Adam Cole

Even if they don't change at this week's meeting the delay is only one month. It will take three months to withdraw excess liquidity before they can target zero interest rates. So the policy shift might not have a material impact. - Adam Cole