Recap March 14: Tesla collapses, Record Highs, Storm blocks out Sun (Recap Ep114)
In this week’s recap, we found that US stocks were mostly positive, with the Dow achieving a fifth consecutive record up, despite doubts generated by the high national debt in…
Read More »Market Update – March 12 – USD Rallies, JPY Pressured
Market News Today – The USD dips and then finds a bid. Stimulus Bill signed by Biden – targets July 4 as “normalcy”. Stocks closed higher (Nasdaq +2.5%), Weekly…
Read More »Euro Forecast: EUR/USD Well Supported as Global Central Banks Meet
Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.
Read More »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing of all the key financial events globally. The week ahead is expected to be a massive one, as three of the major Central…
Read More »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
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