Day: June 7, 2018

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  Martin Wolf says Swiss should vote for Vollgeld

  Swiss referendum to take place June 10 Switzerland is toying with the idea of removing the ability of banks to increase money supply in a[...]
  2018-06-07 22:10:32

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  ECB's Weidmann: Italy market turmoil shows currency union not yet crisis proof

  From the Bundesbank leader Weidmann isn't going to criticize too much because he's in a campaign to be the next ECB leader.
  2018-06-07 22:10:32

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  ECB said to see June 14 as live meeting to debate QE exit - report

  Euro quickly higher Bloomberg reports that policymakers anticipate holding a pivotal discussion that conclude with an announcement on when they intend to stop buying bonds.[...]
  2018-06-07 22:10:32

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  Germany 10-year bond yields touch two-week highs, moves above 0.50%

  Eurozone bond yields continue to inch higher This is of course was mainly due to the comments yesterday from ECB officials which in overnight trading[...]
  2018-06-07 19:28:50

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  Switzerland May foreign currency reserves CHF 740.9 bn vs CHF 757.1 bn prior

  Latest data released by the SNB - 7 June 2018 Prior release can be found . A dip in the reserves for May, possibly some[...]
  2018-06-07 19:28:50

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  European equities open firmer to start the day

  Carrying over the sentiment from Asian stocks A bright start to proceedings, . Seems like there's a problem with the opening for the UK FTSE,[...]
  2018-06-07 19:28:50

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  BNPP sees EUR/USD moving to 1.23 in 3M, cites ECB tightening policy as main driver

  Market commentary by BNP Paribas That's a bit more hawkish than what the market is currently expecting with regards to the ECB rate hikes. The[...]
  2018-06-07 19:28:50

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  UK May Halifax house price index +1.5% vs +1.0% m/m expected

  Latest data released by Markit/Halifax - 7 June 2018 Slight delay in the release by the source. That's a beat on the monthly estimate, but[...]
  2018-06-07 19:28:50

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  EUR/USD extends gains, touches session high

  The euro is the best performing major currency on the day EUR/USD now touches a session high of 1.1827, extending gains after surpassing the 1.1800[...]
  2018-06-07 19:27:08

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  Italy April retail sales -0.7% vs -0.2% m/m prior

  Latest data released by Istat - 7 June 2018 Slight delay in the release by the source. Major miss there on consumer data, although a[...]
  2018-06-07 19:27:08

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