That is pretty much the motto of every central bank now
And yet, they wonder why they keep getting questions on asset bubbles.
And yet, they wonder why they keep getting questions on asset bubbles.
Schlagwort-Archiv: FX
Cable nears the week’s highs as buyers hold on to Brexit deal hopes
This is a market itching to buy the pound
The Brexit angst from yesterday is quickly forgotten now as we continue to wait on more concrete developments from talks in London, with either some time today or tomorrow.
The Brexit angst from yesterday is quickly forgotten now as we continue to wait on more concrete developments from talks in London, with either some time today or tomorrow.
Brexit: Same issues still outstanding in trade talks, says EU diplomat
Reuters with the latest on the Brexit front, citing an EU diplomat on the matter
There doesn’t seem to be much room to compromise and that bolsters the narrative that if both sides are to magically come up with an agreement, it may very well exclude the three key outstanding issues i.e. postponing them to a
There doesn’t seem to be much room to compromise and that bolsters the narrative that if both sides are to magically come up with an agreement, it may very well exclude the three key outstanding issues i.e. postponing them to a
Deutsche Bank the latest to forecast more misery for the dollar next year
This adds to the growing chorus for a weaker dollar in 2021
Deutsche releases its latest forecast for the euro and pound expecting EUR/USD at 1.3000 and GBP/USD at 1.4600 respectively by the end of next year.
Deutsche releases its latest forecast for the euro and pound expecting EUR/USD at 1.3000 and GBP/USD at 1.4600 respectively by the end of next year.
Eurozone October retail sales +1.5% vs +0.7% m/m expected
Latest data released by Eurostat – 3 December 2020
Oil slightly pressured awaiting OPEC+ meeting later today
Oil slips by 1% to a low of $44.66 before a mild bounce
There is a by the WSJ suggesting that the bloc is closing in on an agreement to boost output by about 500k bpd starting from next month, in an attempt to strike a compromise between all members later today.
There is a by the WSJ suggesting that the bloc is closing in on an agreement to boost output by about 500k bpd starting from next month, in an attempt to strike a compromise between all members later today.
US MBA mortgage applications w.e. 27 November -0.6% vs +3.9% prior
Latest data from the Mortgage Bankers Association for the week ending 27 November 2020
– -0.3%
– Market index 858.2 vs 863.6 prior
– Refinancing index 3,891.1 vs 4,077.7 prior
– -0.3%
– Market index 858.2 vs 863.6 prior
– Refinancing index 3,891.1 vs 4,077.7 prior
BioNTech says that US FDA, EU EMA decisions expected in mid-December
BioNTech’s chief medical officer remarks
With the UK granting approval today, more good news is expected to follow for the Pfizer-BioNTech vaccine in the coming two weeks. So, a heads up to that.
With the UK granting approval today, more good news is expected to follow for the Pfizer-BioNTech vaccine in the coming two weeks. So, a heads up to that.
Brexit: Barnier reportedly said coming days will be decisive, didn’t give any hard deadline
Reuters reports, citing a senior EU diplomat on Barnier remarks
– Some member states believe there is still „important stuff to play for“, so this isn’t the moment to show softness
The takeaway here is that deadlines don’t mean anything when it comes to Brexit. The first remark on not wanting to concede any position also shows
– Some member states believe there is still „important stuff to play for“, so this isn’t the moment to show softness
The takeaway here is that deadlines don’t mean anything when it comes to Brexit. The first remark on not wanting to concede any position also shows
Gold extends rebound to $1,830 as buyers seize back near-term control
Gold up by over 0.8% on the day currently
Gold is extending its rebound above the $1,800 level in trading today after managing to close above that following a solid bounce yesterday.
Gold is extending its rebound above the $1,800 level in trading today after managing to close above that following a solid bounce yesterday.