The BoE Monetary Policy Committee announcement will be early, due at 0600GMT – Following up – at 0900GMT – will be publication of the briefing with Governor Bailey So far the BoE has:
Blogs
Jeffrey Gundlach says pressure building on Fed funds to go negative … 'fatal'
Jeffrey Gundlach is a founder of DoubleLine Capital LP See here for global coronavirus case data
What would happen if China dumped their treasury holdings?
Would China sell their treasuries? In this video we discuss the potential impact of China selling their US treasury holdings. With the prospect of the US/China trade war re-emerging this week traders are once again focusing on these two nations. With over 40% of the world's GDP made up by China and the US these […]
Step-by-step guide for finding better trades
How to find better trades In this video we explore the key principle of how to find. By pairing with we can find the highest probability trading opportunities. We also look at what to look for to get out of trades by recognising when the market conditions have changed.
ECB Lagarde undeterred by German court ruling
<p>ECB President Christine Lagarde said at a Bloomberg webinar that the central bank is “undeterred” by the German court ruling regarding the asset purchase program. She emphasized, “we are an independent institution, accountable to the European Parliament, driven by mandate.” “We’ll continue to do whatever
Fed Kashkari: Recovery looks like it’s going to be slow
<p>Minneapolis Fed President Neel Kashkari told NBC today that tomorrow’s NFP report might show unemployment rate surging to 17%. But the actual rate might be even higher at 23%. Also, “that bad report tomorrow is actually going to understate how bad the damage has been.” He emphasized that “the Federal Reserve is acti
US initial jobless claims dropped to 3169k, continuing claims rose to 22.6m
<p>US initial jobless claims dropped -667k to 3169k in the week ending May 2. Four-week moving average of initial claims dropped -861.5k to 4173.5k. Continuing claims rose 4636k to 22647k in the week ending April 25. Four-week moving average of continuing claims rose 3800k to 17098k. Full release here.</p> <p>The post <a rel=&q
EU Hogan: UK not approaching Brexit negotiations with a plan to succeed
<p>EU Trade Commission Phil Hogan slammed UK’s Brexit negotiation approach as he talked to Irish national broadcaster RTE today. He said, “despite the urgency and enormity of the negotiating challenge, I am afraid we are only making very slow progress in the Brexit negotiations.” “There is no real sign that our British
ECB Makhlouf: German court ruling won’t get in the way of ECB doing its job
<p>ECB Governing Council member Gabriel Makhlouf said German Constitutional Court ruling on ECB asset purchases was an “interesting judgment”. Yet, “fundamentally it doesn’t actually get in the way of the ECB carrying on with its incredibly important job, especially at this time in the crisis”. “We are dete
BoE Bailey: The Bank will act as necessary to deliver the monetary and financial stability
<p>BoE Governor Andrew Bailey pledged that “however the economic outlook evolves, the Bank will act as necessary to deliver the monetary and financial stability that are essential for long-term prosperity and meet the needs of the people of this country.” That is the central bank’s “total and unwavering commitment̶