Comments by ECB’s executive board member Sabine Lautenschlager – ECB should not bind itself for a long period of time with regard to reinvestments – Economic growth is in-line with ECB’s forecasts ForexLive
Société Générale on the Federal Reserve, their view is for (an all but) certain hike in December followed by another two – In H1 of 2019 SG citing:
Bullard comments in interview with Reuters ForexLive
That’s why oil is so important The Fed is focused on core inflation but oil still plays a major factor because it feeds into inflation expectations. When people see prices at the pump falling, that’s a deflationary input and will push expectations lower.
Comments from Clarida – ‘Especially important’ to monitor range of data at this stage in US rate hike cycle – Important to see capex rebound after soft Q3 Hawkish stuff, especially if you were looking for something dovish.
What’s coming up on the economic calendar The main event of the day might come at the bottom of the hour with a speech from the Fed’s Clarida. He’s the keynote speaker at The Clearings House annual conference, so it might be a technical or regulatory speech. He will take questions from the moderator after…
This is in conjunction to the publication of the financial stability report here However, given that the central bank still has their hands tied, expect them to reiterate that they still view a no-deal outcome as unlikely and that their forecasts will be based on there being a Brexit agreement/deal.
Jozef Makuch announces his resignation ForexLive
According to MNI sources Take the news here with a pinch of salt, it’s not likely that we’ll walk this path but something to consider. Also the fact that there are no official sources cited on the matter.
The Reserve Bank of New Zealand report is due Wednesday 27 November 2018 at 9am local time – Which is Tuesday 27 November 2018 2000 GMT The FSR is out every 6 months