People’s Bank of China with a barely changed mid rate for the session No OMOs so far today ForexLive
Reserve Bank of New Zealand Governor Adrian Orr speech was earlier, Q&A now – economic outlook is not that bad Orr citing: – terms of trade – supportive level of the NZ dollar
The title of Orr’s speech is “Geopolitics, New Zealand and the Winds of Change” As you can see from the NZD … nothing in there to shove markets around of note
Williams comments to reporters ForexLive
More from Williams The headline sounds dovish but he’s saying there’s no need to hike more quickly than a gradual pace. ForexLive
Williams in Buffalo Williams is doing an audience Q&A so more headlines will trickle out in the hour ahead. ForexLive
ECB member Yves Mersch comments in Frankfurt ForexLive Mersch is commenting at a legal conference on financial stability in relation to the ECB. The full text of the speech can be found . Nothing particular of note with regards to monetary policy.
Further comments by BOJ dove Goshi Kataoka – Need to achieve end of deflation quickly – Need to lower long, super long rates – Central bank needs to strengthen commitment to price goal ForexLive
Wilkins comments to come at the bottom of the hour Bank of Canada senior deputy governor Carolyn Wilkins will speak at 2:30 pm ET (1830 GMT) in Saskatoon, Saskatchewan.
Closing changes for the main equity indexes Weekly changes: – UK FTSE 100 -2.1% – German DAX -3.3% – French CAC -3.0% – Spain IBEX -2.6% – Italy MIB +0.8% The German DAX is closing in on the lows of the year.