Lagarde discusses the response to the pandemic
Schlagwort-Archiv: FX
UK poised to become the first western country to approve a Covid-19 vaccine
So report the Financial Times, saying the drug regulator in the country is . (FT may be gated.)
The UK’s Medicines and Healthcare Products Regulatory Agency has the power to temporarily authorise products, in cases of urgent public need, thus bypassing the normal approval required from the European Medicines Agency (what this means is that while the
The UK’s Medicines and Healthcare Products Regulatory Agency has the power to temporarily authorise products, in cases of urgent public need, thus bypassing the normal approval required from the European Medicines Agency (what this means is that while the
UK Times says EU Commission President expected to speak with UK PM ‚within hours‘ ( … but there’s a but)
The UK Times reports over the weekend that the Commission has begun to „lean on“ EU negotiator Michel Barnier to get a trade deal with the UK.
The but? Reuters cite an unnamed British source saying there is no call currently scheduled.
The but? Reuters cite an unnamed British source saying there is no call currently scheduled.
Boe Chief Economist Haldane highlights 2 factors that could send inflation higher than expected
Bank of England Chief Economist Andy Haldane has made weekend comments on COVID-19 vaccines, policy stimulus, and central bank independence.
On inflation, he said it could rise by more than anticipated in the medium term due to:
On inflation, he said it could rise by more than anticipated in the medium term due to:
Central Bank Watch December 2020: Part 2
Central Bank Latest
Brexit, Covid-19, and a slowing economy all continuing to weigh on the GBP. The BoE kept interest rates unchanged at0.10%. The November meeting took place amid the US election drama so it was easy to overlook. The meeting took account all of the recent lockdown restrictions announced by the UK Gov’t top to
Brexit, Covid-19, and a slowing economy all continuing to weigh on the GBP. The BoE kept interest rates unchanged at0.10%. The November meeting took place amid the US election drama so it was easy to overlook. The meeting took account all of the recent lockdown restrictions announced by the UK Gov’t top to
Central Bank Watch: December 2020
Central Bank Latest
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too. This is Part 1. Part 2 will follow immediately after.
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too. This is Part 1. Part 2 will follow immediately after.
US employment and Fed’s Powell highlight next weeks events and releases
The highlighted events and economic releases for next week’s trading:
The RBA rate decision, Fed’s Powell testimony and the US employment report highlight the events and economic releases in the new trading week.
The RBA rate decision, Fed’s Powell testimony and the US employment report highlight the events and economic releases in the new trading week.
EU Barnier: We continue to work with patience and determination
EU Barnier back from Covid
EU Barnier is on the wires saying he is very happy to be back in London to continue the work toward a Brexit deal. He addss:
EU Barnier is on the wires saying he is very happy to be back in London to continue the work toward a Brexit deal. He addss:
Forexlive Americas FX news wrap: Dollar slumps in post-Turkey day hangover. Gold below $1800
Forex news for North American trading on October 27, 2020
The dollar slumped marginally in post-Turkey day hangover trading. There was no economic data, but stocks did rise with both the S&P and Nasdaq index closing higher and a record levels (flow out of the safety of the greenback?). Hopes for Covid vaccines may also help
The dollar slumped marginally in post-Turkey day hangover trading. There was no economic data, but stocks did rise with both the S&P and Nasdaq index closing higher and a record levels (flow out of the safety of the greenback?). Hopes for Covid vaccines may also help
Gold still searching for answers as we look towards the end of the week
Gold consolidates after the drop earlier this week just above $1,800
The recent doses of vaccine optimism has tempered with the mood in gold and eventually that led to a break below key support around $1,850 at the start of the week.
The recent doses of vaccine optimism has tempered with the mood in gold and eventually that led to a break below key support around $1,850 at the start of the week.