#emta AllianceBernstein’s Santamaria: emerging markets liquidity picture not deteriorating as fast as expected given Fed taper.
US’s Jacobson: can’t remember when relations b/w Congress & WH been worse. Frustrated by dysfunction. State has 40 open nominees. #AS/COA
US’s Jacobson: suspension of first time Venezuelan visa applications due to logistical/staffing concerns. Not a political statement. #AS/COA
US’s Jacobson: sanctions on Venezuela? Says would do when and if there is belief they are productive not just to make us feel OK #AS/COA
US’s Jacobson: one of most important things US can do to support Venezuelan students is via rhetoric. #AS/COA
US’s Jacobson: TPP is ambitious endeavor. Still highly confident despite Obama not coming away with as many agreements as desired #AS/COA
NEW YORK (Reuters) – The euro hit a two-week high against the U.S. dollar on Monday, helped by both safe-haven flows due to the Ukraine crisis and expectations euro zone inflation will show an increase this week, lessening the need for looser monetary policy.
Sterling edged to a 4-1/2 year high against the greenback after flirting with the level for the past month. Improving economic activity and the potential buyout of British drugmaker AstraZeneca (AZN.L: Quote, Profile, Research, Stock Buzz) by U.S. drugmaker Pfizer (PFE.N: Quote, Profile, Research, Stock Buzz) helped the pound. <GBP/>