ECB's Villeroy speaking This should ease some upward pressure on some of the riskier countries yields including Italy. See here for global coronavirus case data
Blogs
BOE's Bailey reaffirms that negative rates is not on the table at the moment
Further remarks by BOE governor, Andrew Bailey – Negative rates is not something we're contemplating – But it's always wise not to rule anything out forever – It would require an extensive communications exercise to pursue negative rates See here for global coronavirus case data
BOE's Bailey says that markets have calmed down in the past few weeks
Remarks by BOE governor, Andrew Bailey, in a webinar – But there is still underlying fragility in market conditions – We are in a major downturn, there is no question about that See here for global coronavirus case data
ECB: Survey indicators suggest a sharp contraction in economic growth
ECB releases their latest economic bulletin – 14 May 2020 There doesn't seem to be anything that we don't already know from ECB speakers over the past few weeks since the policy meeting anyway. The full text can be found .
BOJ's Kuroda: It is not necessary to cut rates further now
Further comments by BOJ governor, Haruhiko Kuroda, on the day – But there is still room to cut rates further if needed – BOJ will not hesitate to ease further if needed Again, nothing out of the ordinary with the remarks by Kuroda above. The BOJ will continue to keep reiterating the same mantra while […]
Does the USD/CNY mid-point matter?
USDCNY in focus Interested in what's moving the USD/CNY? to learn more. See here for global coronavirus case data
When should we enter at market or rather wait for pullbacks?
At market or pullbacks? When can trades be entered at market and when would it be more prudent to enter at pullbacks? Check out the video below:
BoC said pandemic measures are showing signs of succeeding
<p>In its Financial System Review Summary, BoC said since the onset of the coronavirus pandemic, it has established a range of facilities and purchase programs to address the problems with market function and confidence. These measures are “showing signs of succeeding”. It noted that: Access to liquidity has greatly improved in ke
Trump: Right now having a strong dollar is a great thing
<p>US President Donald Trump said in a Fox Business Network interview today that it’s “a great time to have a strong dollar”. “Right now it’s good to have a strong dollar. Right now having a strong dollar is a great thing” he added. Dollar’s strength “could live both ways” as he noted. Fro
US initial jobless claims dropped again to 2981k, continuing claims rose to 22.8m
<p>US initial jobless claims dropped another week, by -195k to 2981k in the week ending May 9. Four-week moving average of initial claims dropped -564k to 3616.5k. Continuing claims rose 456k to 22833k in the week ending May 2. Four-week moving average of continuing claims rose 2730k to 19760k. Full release here.</p> <p>The post &