ECB: Policymakers needed to avoid giving impression of being overly focused on bond yields 0 (0)

ECB releases the account of its March policy meeting – 8 April 2021
Those are the key details at first glance but despite the pushback against rising yields, it seemed like they wanted to walk a tighter line with regards to communicating that to the market. In any case, their commitment to „significantly“ step up PEPP

Go to Forexlive

US futures keep higher ahead of North American trading 0 (0)

Yields stalling make for a thriving environment for equities
And it needed a reminder from the Fed minutes yesterday before investors became a little more decisive in trading today. S&P 500 futures are up 0.4% and Nasdaq futures are up 0.9%, while Dow futures are keeping flat on the day so far.

Go to Forexlive

ECB’s Lagarde: PEPP envelope need not be used in full if favourable financing conditions can be maintained 0 (0)

Remarks by ECB president, Christine Lagarde, at the 43rd IMFC meeting
– Risks surrounding euro area growth outlook have become more balanced
– Headline inflation likely to increase further in the coming months
This is pretty much a rehash of the March monetary policy meeting statement and press conference. As such, there isn’t anything new here really. In

Go to Forexlive