Day: June 11, 2018

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  ECB's Praet says signals showing convergence of inflation towards target have improved

  ECB chief economist Peter Praet comments in Berlin If anything, he's hinting that the ECB is confident that inflation will move towards its target (and[...]
  2018-06-11 22:10:39

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  ECB's Praet says market expectation for QE end this year will be noted for discussion

  Further comments by ECB chief economist Peter Praet Well, my view is that the central bank would announce an end to QE either in June[...]
  2018-06-11 22:10:39

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  PBOC sets USD/ CNY reference rate for today at 6.4040 (vs. yesterday at 6.4157)

  Earlier news re People's Bank of China moves (or potential moves I should say):  -    In Open Market operations, PBOC has not conducted RRs[...]
  2018-06-11 22:10:39

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  PBOC conducts MLF: 463bn yuan, one year, 3.3%

  The People's Bank of China had skipped OMOs earlier today But a fund injection now via the medium term lending facility More: - Injects 463bn yuan[...]
  2018-06-11 22:10:39

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  Poor economic data once again the bane for sterling

  GBP/USD trades to a session low of 1.3365 after the release of factory output data The figures are rather poor and continues to highlight the[...]
  2018-06-11 19:28:58

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  Markets Focusing on Central Banks

  Learn to trade Central Bank decisions The end of May was marked by political turbulence in Italy, which caused severe pressure on the Euro. The[...]
  2018-06-11 19:28:58

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  Cable bulls cling on to 200-hour moving average for support

  GBP/USD is testing the key level at the moment A lot of push and pull has been occurring in the pair after the poor UK[...]
  2018-06-11 19:28:58

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  Mike Pompeo says talks with North Korea are progressing quickly

  US secretary of state Mike Pompeo comments in Singapore The tone heading into meeting is that the two are set for some successful discussions -[...]
  2018-06-11 19:28:58

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  It's the busiest week of the year, here's what you need to know

  It's going to be a hectic week, so be prepared and don't look too far ahead With so much going on this week, the focus[...]
  2018-06-11 19:28:58

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  Germany says that EU retaliatory tariffs against US is ready for 1 July

  Comments by Steffen Seibert, chief spokesman to German chancellor Merkel Continues to show that the trade dispute between the two won't be resolved any time[...]
  2018-06-11 19:27:07

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