Fed’s Evans speaks to reporter ForexLive
Janet Yellen was speaking at a Brookings Institution conference, said let the economy boom Maybe she was just having a little fun with the Prez – what might have been if she was kept on
Comments by ECB governing council member Jozef Makuch Probably a little bit concerned by the euro’s reaction in the aftermath to the meeting, but nothing too notable here. Makuch also mentioned he may leave his post early to ensure a smooth transition before the next election. His current term in office as Slovakian central bank…
Goldman Sachs says that the trend of rising rates in the US is ‘boiling the frog’ on risk appetite You may know the old chestnut that if you put a frog in a pot of cold water and then apply heat to the water the frog will not jump and will get boiled.
Earlier today the PBOC skipped OMO It got spidey senses tingling and I f we’d get a longer-term fund injection wondered out loud i And here it is – 1 year medium term lending facility Another bump up in domestic liquidity from the Bank. Should be a positive input for Chinese stocks after weekend news…
Reference rate to open the week from the People’s Bank of China CFETS RMB index (the yuan against a basket of currencies) was at 93.05 on Friday, down from 93.52 the previous Friday
BoE comments from UK Environment Secretary Michael Gove in an interview with the BBC “He’s doing a very good job, Gove also had Brexit comments (of course):
Its a week on the quiet side for Australian economic data, with lower-tier releases: Tuesday: – Weekly consumer confidence from ANZ/Roy Morgan – RBA minutes (September meeting) Wednesday:
Bundesbank President Jen Weidmann spoke over the weekend on financial crises – Said despite tightening of regulations governments cannot completely prevent cireses such as the GFC W was interviewed by Bild newspaper, Reuters have (very little)
More from Evans I think he has a point. The yield curve is the ultimate predictor of recessions but it’s not infallible. An inversion with yields at 3% is different than one with yields at 6%.