Weekly forex futures positioning data from the CFTC for the week ending Tuesday, February 2, 2021
– EUR long 137K vs 163K long last week. Longs trimmed by 26K
– EUR long 137K vs 163K long last week. Longs trimmed by 26K
Schlagwort-Archiv: GBP
Not a lot of key data next week
US CPI Wednesday. Fed chair Powell speaks in New York
On Monday.
On Tuesday,
On Wednesday,
On Thursday,
On Friday,
the US treasury will auction off 10 year and 30 year bonds on Wednesday and Thursday
On Monday.
On Tuesday,
On Wednesday,
On Thursday,
On Friday,
the US treasury will auction off 10 year and 30 year bonds on Wednesday and Thursday
IMG Georgieva: US has fiscal space to take further action to support economy
IMF Georgieva speaking
Senate adopts budget measure to fast-track Biden’s $1.9 trillion stimulus plan
The Senate passes the final passage of the resolution
For some context, the resolution here would clear the path for Biden’s stimulus plan to pass if there is only a simple majority instead of going with the 60-vote threshold for most legislation to be passed in the chamber.
For some context, the resolution here would clear the path for Biden’s stimulus plan to pass if there is only a simple majority instead of going with the 60-vote threshold for most legislation to be passed in the chamber.
Risk holds slightly firmer, payrolls data eyed
Equities keep slightly higher on the session so far
The market is settling down a little with risk sentiment holding slightly firmer as we navigate through European morning trade so far.
The market is settling down a little with risk sentiment holding slightly firmer as we navigate through European morning trade so far.
UK government confirms local elections will go ahead on 6 May this year
No further postponement
One to mark on the calendars as politics will come back into the picture in the months ahead for the pound. The campaigning process will be difficult though and depending on the virus situation, it could also affect voter turnout but we’ll see.
One to mark on the calendars as politics will come back into the picture in the months ahead for the pound. The campaigning process will be difficult though and depending on the virus situation, it could also affect voter turnout but we’ll see.
German health minister: Virus infection numbers are not yet coming down quickly enough
Comments by German health minister, Jens Spahn
– We have the means to beat the virus during this year
– All three vaccines (Pfizer, AstraZeneca, Moderna) appear equally effective
The appears to be moderating at a gradual pace but amid concerns of the more contagious virus variant spreading, tighter restrictions may yet stay in place through to
– We have the means to beat the virus during this year
– All three vaccines (Pfizer, AstraZeneca, Moderna) appear equally effective
The appears to be moderating at a gradual pace but amid concerns of the more contagious virus variant spreading, tighter restrictions may yet stay in place through to
BOE’s Broadbent: QE not necessarily the first choice for stimulus
Further comments by Broadbent
The headline is more to the fact that they are not shutting the door to negative rates at this point in time but make no mistake, QE remains their most preferred option at the moment unless economic conditions worsen considerably.
The headline is more to the fact that they are not shutting the door to negative rates at this point in time but make no mistake, QE remains their most preferred option at the moment unless economic conditions worsen considerably.
BOE leaves bank rate unchanged at 0.10%
BOE announces its latest monetary policy decision – 4 February 2021
– 0.10%
– Bank rate votes 0-0-9 vs 0-0-9 expected
– 0.10%
– Bank rate votes 0-0-9 vs 0-0-9 expected
ECB extends liquidity lines with non-euro area central banks by another nine months
ECB extends temporary euro liquidity lines to March 2022
Much like the dollar swap lines, these are mainly to ensure that non-euro area central banks have sufficient euro liquidity as the virus crisis continues to play out.
Much like the dollar swap lines, these are mainly to ensure that non-euro area central banks have sufficient euro liquidity as the virus crisis continues to play out.