Full text of the ECB decision: July 16, 2020: 0 (0)

The full ECB statement
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
(1)
The interest rate on the main refinancing operations and the interest
rates on the marginal lending facility and the deposit facility will
remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing
Council expects the key ECB

Go to Forexlive

Raab says Russian actors tried to interfere in 2019 UK election 0 (0)

Raab announces details into investigation of the leak of UK-US free trade agreement
The UK-US free trade agreement was leaked to Reddit and the UK is out with a report. It concludes that it is „almost certain“ that Russian actors sought to interfere in the UK election with the report. They also note that the documents

Go to Forexlive

Oxford Covid-19 vaccine said to be generating some positive buzz 0 (0)

ITV political editor, Robert Peston, reports on the matter
It is said that the vaccine is generating a kind of antibody and T-cell response that researches have hoped to see but the efficacy can only be properly established once Phase III of the programme i.e. testing in Brazil gets underway.

Go to Forexlive

US MBA mortgage applications w.e. 10 July +5.1% vs +2.2% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 10 July 2020
–  +2.2%
– Market index 815.5 vs 775.9 prior
– Purchase index 305.4 vs 325.2 prior
The rise in the prior week was largely due to a surge in refinancing activity as purchases eased a little after hitting its highest level since 2009. The jump

Go to Forexlive