Remarks by ECB president, Christine Lagarde
Nothing notable so far from Lagarde except this generic headline. Carry on as you will.
Nothing notable so far from Lagarde except this generic headline. Carry on as you will.
Schlagwort-Archiv: Forex
Dollar mixed, US futures steady so far on the session
Little change in the major currencies space
It is all about the US non-farm payrolls report today as the market feels rather lethargic at the moment. The dollar is trading more mixed, holding a slight advance against the commodity currencies while trailing behind the euro and pound.
It is all about the US non-farm payrolls report today as the market feels rather lethargic at the moment. The dollar is trading more mixed, holding a slight advance against the commodity currencies while trailing behind the euro and pound.
Heads up: ECB president Lagarde to speak later in the day
ECB president Lagarde scheduled to speak at 1000 GMT
Lagarde will be speaking about the global economy in a , which should go on for about 30 minutes. As such, there might be some room to touch on policy here but I wouldn’t expect her to break rank in the way that Kazaks did earlier .
Lagarde will be speaking about the global economy in a , which should go on for about 30 minutes. As such, there might be some room to touch on policy here but I wouldn’t expect her to break rank in the way that Kazaks did earlier .
Watch: BOE monetary policy report press conference
BOE governor, Andrew Bailey, will provide more details at 1200 GMT
You can watch that live here:
You can watch that live here:
A couple of takeaways from the BOE May monetary policy meeting
The BOE starts off with a bit of a technical taper, if you want to call it that
You can call it algos. You can call it a bit of a messy release with some separation between the statement and the monetary policy minutes/report. But at the end of it, the pound looks destined for a
You can call it algos. You can call it a bit of a messy release with some separation between the statement and the monetary policy minutes/report. But at the end of it, the pound looks destined for a
US April Challenger layoffs 22.91k vs 30.60k prior
Latest data released by Challenger, Gray, and Christmas Inc
– 30.60k
The 22,913 job cuts by US-based employers last month is the lowest monthly total since June 2000 as this adds to another sign that the labour market is slowly finding its footing again as businesses and consumers start to feel more upbeat.
– 30.60k
The 22,913 job cuts by US-based employers last month is the lowest monthly total since June 2000 as this adds to another sign that the labour market is slowly finding its footing again as businesses and consumers start to feel more upbeat.
Pound whipsaws on BOE decision as policymakers hint at slowing QE purchases
Did anyone else feel that the release was a little messy?
But when the monetary policy report was released (nearly a minute later, or at least that was what I was getting when refreshing the site), it made a mention to this:
But when the monetary policy report was released (nearly a minute later, or at least that was what I was getting when refreshing the site), it made a mention to this:
BOE leaves bank rate unchanged at 0.10%, as expected
BOE announces its latest monetary policy decision – 6 May 2021
The economic forecasts are upbeat and the BOE steered clear of any firm messaging about tapering although they are talking about slowing down QE purchases.
The economic forecasts are upbeat and the BOE steered clear of any firm messaging about tapering although they are talking about slowing down QE purchases.
ForexLive European FX news wrap: Dollar mostly steady as risk bounces back
Forex news from the European trading session – 5 May 2021
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.4%
US MBA mortgage applications w.e. 30 April -0.9% vs -2.5% prior
Latest data from the Mortgage Bankers Association for the week ending 30 April 2021
– -2.5%
– Market index 700.4 vs 706.6 prior
– Refinancing index 3,188.7 vs 3,185.3 prior
The drop in mortgage applications in the past week stems from a decline in purchase activity once again, which has been keeping more subdued in recent months amid the jump
– -2.5%
– Market index 700.4 vs 706.6 prior
– Refinancing index 3,188.7 vs 3,185.3 prior
The drop in mortgage applications in the past week stems from a decline in purchase activity once again, which has been keeping more subdued in recent months amid the jump