“The U.S. banks are significantly more profitable than the European banks.”
Adam Dener
“There is no immediate threat of intervention by the European Central Bank.”
David Gilmore
“Europe has double-digit unemployment and no inflation problem, ... Any European Central Bank tightening will be swamped by much more from the Fed.”
“Most of the European countries take Kyoto seriously. Europeans take their environmental stewardship more seriously than those in the United States.”
Mark Farber
“The Federal Reserve is nearing the end of its tightening cycle, and the European Central Bank could tighten more.”
“These are the sort of numbers that should give extra leverage to the ECB (European Central Bank) to keep pressing rates higher, but we still believe the benign inflation picture will force them to adopt a softly, softly approach to tightening this year.”
David Brown
“A combination of strong U.S. economic fundamentals and mixed signals from European Central Bank officials with regard to the likelihood of intervention, paved the way for the dollar to extend this week's rally.”
Alex Beuzelin