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Spring Global Upturn? 15 March 2014 Trading Themes

Spring Global Upturn? 15 March 2014 Trading Themes

6 Years ago | March 15, 2014 00:00:00


FOMC Decision/Yellen Press Conference

If you look at the broad sweep of global data over the past few weeks, it is becoming increasingly evident that the global economy is now on a solid improving path. We are not seeing a rapid recovery, but it appears that a slow and perhaps uneven rebound might be in the works. A key piece of data a week ago was the February U.S. employment report, which gained despite the distortions of an unusually severe winter in the U.S. We expect to see U.S. data to improve as weather distortions start to work out of the economic statistics.

This Wednesday will see a Fed Decision. No changes in the present course of policy are widely expected. With long-term U.S. rates falli

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