March is said to come in like a lion and leave like a lamb. It does indeed appear to be coming in like a lion for investors. There are four major central bank meetings and the US employment report. Although Yellen did not convince many that the Fed is set to hike rates in June, yields in the eurozone continue to fall in anticipation of the bond buying scheme that will start later this month. The resulting widening of the interest rate differentials lent the dollar support. Two emerging market central banks are in play as well. Brazil is one of the few central banks engaged in a tightening cycle. It is set to ... (full story)