Bank of America

This tag is associated with 3 posts

BofAML Is Positive On Indian Equity Market Over 6 To 9 Months

Posted by ETFalpha ⋅ May 24, 2015 ⋅ Leave a comment

Thanks to weak earnings, Indian equity markets will give a flat to slightly negative return near term, but over the next 6 to 9 months, BofAML analysts remain positive. Anand Kumar and team at Bank of America Merrill Lynch in their May 20, 2015 research report titled: “Year II: How to position” anticipate banks will … Continue reading →

Venezuela Said To Be In Gold For Cash Talks With BofA, Credit Suisse

Posted by EM_Equity ⋅ March 11, 2015 ⋅ 1 Comment

The cash-strapped nation of Venezuela — who is now deemed as a nation threat to the U.S. — is said to be in talks with Wall Street investment banks in gold for cash talks, Reuters reported on Tuesday. The Central Bank of Venezuela is in talks with Wall Street investment banks to create a gold swap that would … Continue reading →

Iraq Hopeful Oil Has Hit ‘Bottom’

Posted by ETFalpha ⋅ January 21, 2015 ⋅ Leave a comment

Oil prices should not fall below the current average of $47 a barrel, Iraq’s oil minster Adel Abdul Mahdi has stated. “Our estimate is that the prices (of oil) have reached the bottom. It is very difficult to drop lower than this,” oil minister Abdul Mahdi said at an industry conference in Kuwait Wednesday. Oil … Continue reading →