Biz yalnızca bir aracı kurumdan fazlasıyız. Analiz etmek, işlem yapmak ve büyümek için ihtiyacınız olan her şeyi tek bir yerde sunan, hepsi bir arada bir işlem ekosistemiyiz. İşlem deneyiminizi bir üst seviyeye taşımaya hazır mısınız?
FXStreet (Guatemala) - Analysts at Bank of America Merrill Lynch explained that both the Fed and the PBoC have "blinked" this year.
Key Quotes:
"Allowing asset returns to remain buoyed by max liquidity, default concerns in Greece/China/energy to be unrealized and "carry trades" to reignite. Our long dollar, long stocks>bonds asset allocation has worked, but long volatility has thus far disappointed."
"Max liquidity/minimal rates has permitted corporate equities and bonds to ignore the global profit recession."
"We believe that changes if inflation unexpectedly picks up in U.S. or Germany."
"Tactically long A-shares (preference for laggard staples, resources, utilities); sell A-shares into strength on 3-6 month view; Pay 5-year US swap rates versus 5-year offshore China swap rates; long US$ call spreads versus CNY puts; "rent" under-owned EM / materials / commodities in Q2."
"Investors appear bullish again as the threat of "rates shock" fades. But extreme levels of monetary stimulus and rates threaten periodic bouts of volatility in 2015."
"Should an EPS recession continue, default contagion occur and/or, investor disobedience emerge (central banks tell the markets to do one thing and they do opposite), volatility is likely to spike, in our view."
