Comments by ECB president Draghi in Frankfurt – Recently seen a loss in growth momentum – But expects economic expansion to continue in the coming years – Forward guidance has been effective in anchoring expectations about future path of interest rates ForexLive
Further comments by Villeroy in Tokyo – But no-deal Brexit would be detrimental for the British economy – Europe is prepared if there is a no-deal outcome on Brexit ForexLive
Further comments by ECB member Villeroy – ECB is on course for policy normalisation ForexLive Adding on to his earlier in the day. So far, the ECB has been constantly reiterating the same notion that markets are “right” in anticipating that the central bank will move some time around Q4 2019 to tighten policy.
Here are the comments from the BDF Governor earlier: Reuters have a little more up here if you are after some extra detail: Villeroy speaking from Tokyo today
Bank of Japan Governor Kuroda speaking from Tokyo We have heard similar before. Public statements on policy indicate the Bank is not yet looking for a change though.
Governor of the Bank of France (and ECB Governing Council member) Francois Villeroy de Galhau – net purchases of assets will probably end in December – Outlook for inflation in Europe is firmer —
Comments by PBOC governor Yi Gang – Financial institutions should take measures to reasonably manage the pace and intensity of credit supply – Financial institutions should make full use of incentive measures for lending to private and smaller firms ForexLive
At 0900GMT Governor of the Bank of Portugal (and ECB Governing Council member) Carlos Costa speaks – Followed at 0915GMT by Danièle Nouy, Chair of the Supervisory Board Later:
A Sunday note from MS economists, a snippet or two On markets: On the Federal Reserve: — OK, so read that as the December rate hike is still on. As are those though to mid-2019, in March and June.
John Williams, President of the New York Federal Reserve branch is speaking at 1545GMT on 19 November 2018 Just a heads up. There is no prepared text, all Q&A. So we can likely expect remarks from him on his outlook for the economy and monetary policy.