OPEC joint technical committee reportedly express concerns on India virus spread 0 (0)

OPEC still weighing impact on lockdowns on the oil market
Oil market/OPEC journalist, Amena Bakr, tweets on the matter as the OPEC joint technical committee meeting gets underway currently before the ministerial meeting takes place later in the week on Wednesday. Just some food for thought for now.

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German government reportedly to raise 2021 GDP growth expectations from 3.0% to 3.5% 0 (0)

Reuters reports, citing sources familiar with the matter
– Expects GDP growth of 3.6% in 2022
– German government believes that better-than-expected growth dynamics in Q4 justify the upward revisions
The thing to note about the economic optimism here is that it has been knocked back from Q2 to Q3 and now Q4. Yes, it will eventually come

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RBA research paper on „Monetary Policy, Equity Markets and the Information Effect“ 0 (0)

Published by the Reserve Bank of Australia during the week, an interesting read for the weekend:
Huh, I wonder if central banks think they are getting much information that is not available to private-sector analysts out there? Gonna have to say I doubt it. Still, that’s the premise that is examined in the paper. The spoiler

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Forexlive Americas FX news wrap: USD is the weakest currency for the day and week 0 (0)

Forex news for North American trading on April 23, 2021
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The USD is ending the day as the weakest of the major currencies. The EUR was the strongest  followed by the AUD.  The green back seemed to have benefitted from rising stocks which pushed funds out of the „relative safety of the USD“ (or that is

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EU’s von der Leyen: Vaccination campaign is on track 0 (0)

Remarks by European Commission president, Ursula von der Leyen
The likes of Germany, France, Italy, Spain have only seen roughly 7-8% of their population receiving full vaccinations as of this week, so to target near 60% (which roughly equates to 70% of their respective adult population) by July is still some way to go.

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