Latest data released by Eurostat – 2 March 2021
Schlagwort-Archiv: EUR
Heads up: Fed speakers coming up later in the day
Fedspeak is going to be a hot topic in the market this week
Here’s the agenda for today:
1400 GMT – Fed’s Williams speaks at a virtual conference
The conference is hosted by the NY Fed and Williams will be delivering opening and closing remarks at the event. His opening speech is expected to be for 5 minutes
Here’s the agenda for today:
1400 GMT – Fed’s Williams speaks at a virtual conference
The conference is hosted by the NY Fed and Williams will be delivering opening and closing remarks at the event. His opening speech is expected to be for 5 minutes
US Treasury yields tick higher ahead of North American trading
10-year yields up over 4 bps to near 1.45%
At the start of European morning trade, it was holding around 1.40%. Meanwhile, 30-year yields are up by over 7 bps on the day and closing in on 2.23%.
At the start of European morning trade, it was holding around 1.40%. Meanwhile, 30-year yields are up by over 7 bps on the day and closing in on 2.23%.
Bitcoin is at a tipping point – Citi
Bitcoin could either surge dramatically or blow up entirely, says Citi
But Citi warns that the cryptocurrency is facing a „tipping point“ at the moment with the potential to explode higher or implode completely.
But Citi warns that the cryptocurrency is facing a „tipping point“ at the moment with the potential to explode higher or implode completely.
Fed’s Barkin: I would be disappointed if we didn’t see yields rise as the outlook improves
He sure doesn’t sound too worried about the bond market developments
10-year Treasury yields are at the highs for the day, near 1.44%:
10-year Treasury yields are at the highs for the day, near 1.44%:
Baden-Wuerttemberg February CPI +1.4% vs +1.1% y/y prior
Latest data released by Destatis – 1 March 2021
This just adds to confirmation that the German national reading later should see CPI tick slightly higher than the January reading of +1.0% y/y. The estimate is for a jump to +1.2% y/y to +1.3% y/y – which will be the highest since March last year.
This just adds to confirmation that the German national reading later should see CPI tick slightly higher than the January reading of +1.0% y/y. The estimate is for a jump to +1.2% y/y to +1.3% y/y – which will be the highest since March last year.
Biden says ‚time to act‘ on $1.9 trillion stimulus
Biden urges Senate to pass legislation
Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House.
„It’s time to act,“ he said on Saturday, noting that an „overwhelming“ percentage of Americans support the bill. „We have no time to wasted.“
Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House.
„It’s time to act,“ he said on Saturday, noting that an „overwhelming“ percentage of Americans support the bill. „We have no time to wasted.“
New Zealand to a 7-day lockdown for Auckland
The PM announced the new lockdown after
a community case of coronavirus with an unknown origin was detected.
The rest of the country will be placed into a less restrictive alert level 2.
a community case of coronavirus with an unknown origin was detected.
The rest of the country will be placed into a less restrictive alert level 2.
ForexLive Americas FX news wrap: Australian dollar crushed
Forex news for North American trading on February 26, 2021:
Markets:
The reverberations from yesterday’s bond implosion left broader markets in a delicate state. Even as yields turned much lower, FX risk trades couldn’t get a footing. How much of that was month-end and how much was jitters was open to debate.
Markets:
The reverberations from yesterday’s bond implosion left broader markets in a delicate state. Even as yields turned much lower, FX risk trades couldn’t get a footing. How much of that was month-end and how much was jitters was open to debate.
Late selling sends US equities into the red despite bond market reversal
Closing changes for the main North American indexes
Yields finished near the lows of the day and about 20 minutes before the close that looked like it was going to spill into equities as they quickly jumped but right at the end of the day there was some hard selling
Yields finished near the lows of the day and about 20 minutes before the close that looked like it was going to spill into equities as they quickly jumped but right at the end of the day there was some hard selling