Further from Federal Reserve Bank of Dallas President Kaplan in a Bloomberg interview – expects jobs reports in summer will be 'strong' – Fed's toolbox is not bare at all, and plenty of dry powder if we need it
Blogs
Fed's Kaplan says the economy's performance hinges on success of health policy
Federal Reserve Bank of Dallas Presdient Kaplan in a Bloomberg interview – US economy probably bottomed in early May – will grow pretty strongly from here more to come
Swiss National Bank policy meeting Thursday – quick preview
The SNB meet on 18 June, announcement due at 0730GMT Some in brief remarks from a client note via BNY Mellon – SNB marginally more relaxed as Switzerland's neighbours gradually reopen their economies, borders
Comments from the Fed's Clarida due at the top of the hour
The vice chair will talk about the economic outlook We have heard so much from Powell that it's tough to envision anything groundbreaking from Clarida but you never know.
Macklem: BOC will buy bonds until the recovery is well-underway
Comments from the new BOC leader When the Bank of Canada launched QE, then-leader Poloz went to great lengths to emphasize that it was about market functioning. That goalpost has certainly been moved.
Fed's Harker: Expects 2020 to show a sharp recession
Fed's Harker speaking – expects 2020 to show a sharp recession – expects 2021 will be a growth year with GDP and employment picking up – growth seen next year may not be enough to return economy to levels seen at beginning of this year For bank trade ideas, check out eFX Plus
How to spot high probability levels on the charts
High probability areas Looking to find high probability areas to trade from? to learn more.
US crude oil inventories rose 1.2m, WTI staying range bound
<p>US commercial crude oil inventories rose 1.2m barrels in the week ending June 12. At 539.3m barrels, oil inventories are about 15% above the five year average for this time of the year. Motor gasoline inventories dropped -1.7m barrels. Distillate fuel inventories dropped -1.4m barrels. Propane/propylene inventories rose 2.7m barrels. XTI/U
Canada CPI turned deeper negative at -0.4% in May
<p>Canada CPI turned deeper negative at -0.4% yoy in May, down from -0.2% yoy in April, below expectation of 0.0% yoy. Prices rose in four of the eight major components on a year-over-year basis. Transportation prices contributed the most to the decline in the CPI, mainly because of lower gas prices compared with May 2019. Food […]
Eurozone CPI finalized at 0.1% yoy in May, core CPI at 0.9% yoy
<p>Eurozone CPI was finalized at 0.1% yoy in May, down from April’s 0.3% yoy. Core CPI (ex-energy, food, alcohol & tobacco) was finalized at 0.9% yoy, unchanged from April’s reading. EU CPI was finalized at 0.6% yoy in May, down from April’s 0.7% yoy. The lowest annual rates were registered in Estonia (-1.8%), Luxembour