“The underlying tone is still weak.”
Brian Fabbri
“Funds' buying continued to boost stocks. The underlying tone of the market is still firm. The market may consolidate at around the 15,300 level before gaining momentum to advance further.”
Alfred Chan
“We already thought it was very, very strong and consumer spending has been a big factor, but the underlying tone seems to indicate that overall growth is tapering off.”
Wayne Angell
“That was much worse than expected, and the underlying numbers look weak across the board.”
Michael Every
“Unless the outcome contains a major negative surprise, the underlying firm tone of the dollar is expected to be sustained, as the market is now betting on continued interest rate hikes in the US.”
Takashi Kudo
“The manufacturing sector's acute underlying weaknesses highlight the need for further interest rate cuts later in the year. We do not necessarily call for, or expect, a further interest rate cut on Thursday. But the economy has clearly weakened and confidence is faltering. The MPC must be ready to act firmly to counter the downward pressures on the economy and to alleviate the plight of manufacturing.”
David Kern
“The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year,”
