Events to Look Out for Next Week
Leading indicators such as the US and Chinese inflation and GDP from the UK and Japan dominate the releases next week. Meanwhile, the economic releases will be closely watching also…
Read More »Euro Forecast: EUR/USD to Weaken if ECB Increases Bond Buying
This Thursday’s meeting of ECB policymakers is live; there will be no major changes to Eurozone monetary policy but it could be tweaked in response to rising sovereign bond yields.
Read More »Events to Look Out for Next Week
Markets are itching to push the reflation trade against the background of vaccine developments and fiscal stimulus. Central banks are, unsurprisingly, trying to slow the rise in yields, although even…
Read More »As expected…..
The ECB did the expected and left overall policy settings unchanged. If anything the statement was a tad more hawkish in that it spelled out that the PEPP volumes don’t need to…
Read More »ECB’s Rehn calls yield curve control nonsensical for euro area
The European Central Bank (ECB) Governing Council member Olli Rehn dismissed yield curve control as a tool to enhance the financing conditions in the
Read More »More on the ECB capping bond yields
Earlier headline is here: Bloomberg reports that the ECB is pursuing a strategy of yield spread control The Bloomberg report is on the net now, l ink
Read More »Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB
The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy,…
Read More »FX News & Market Update – January 14 – Biggest day of the Week
FX News Today USD mixed but biased higher, Yields move lower, Equities edge higher. Biden stimulus announcement later, Trump impeached. Asian markets move higher, US CPI & Oil yesterday…
Read More »FX Update – January 11 – USD 4th day higher
FX News Today USD continues to bounce, JPY, AUD & NZD weaken, Yields up as virus worries escalate and China pushes back on US sanctions and reacts to US normalizing…
Read More »Markets thinner into year-end but EURUSD remains strong
The focus has turned again to the ongoing problems current virus restrictions pose, with a stricter lockdown starting tomorrow in Germany as the UK tightens rules in more regions with…
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