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Further remarks by Hauser – But even if it is decided, it will be the right thing to do at the time For bank trade ideas, check out eFX Plus Essentially, this is yet another message that the BOE isn't looking to pursue negative rates just yet but they are certainly leaving the option on […]

Comments by BOE executive director for markets, Andrew Hauser – The rush for cash during lockdown was the "biggest test of core market functioning and resilience" since the global financial crisis There's certainly the possibility but it will be very tough to imagine as severe a global economic and financial hit than wh

Takeshi Kato, head of the BOJ's monetary affairs department, remarks "We're able to provide ample funds to the market with our purchases of JGB." This is a similar remark to that of , so the current stance looks to be continuing – for now at least. But the hoarding continues though..

The European Central Bank meeting today is expected to result in an expanded quantitative easing program.  – The statement from the meeting is scheduled at 1145GMT ECB President Lagarde remarked last week that the ECB's "mild" forecast scenario for the economy is "out of date." As a reminder:

People's Bank of China  PBOC injects 70bn yuan via 7-day reverse repos – 240bn mature today thus a net drain of 170bn yuan   For bank trade ideas, check out eFX Plus

Municipal liquidity facility (MLF) expanded For bank trade ideas, check out eFX Plus

Pres. Trump selects 5 virus vaccine candidates as finalists According to the New York Times, Pres. Trump has selected 5 virus vaccine candidates as finalists for developing the vaccine for Covid 19 in the United States. They include

Bank of Canada market operations changes – To slow term repose to once a week as of June 16 – To reduce BA operations to end of October For bank trade ideas, check out eFX Plus

BOC decision on June 3, 2020: Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate […]

The BOE comments in a statement release here Is this a hint that Johnson would follow through and walk away at the end of June? For bank trade ideas, check out eFX Plus