Comments from Governing Council member Hernandez De Cos in Madrid The start of a dovish turn from the ECB? ForexLive
Powell is all about the bank regulation The main reason Powell got the job as Fed President, in my opinion, was his strong desire to roll back or ease bank regulations and rules.
Further comments by ECB governing council member Olli Rehn – Today’s shows inflation just above 1% – That reflects weak domestic price pressures – ECB would benefit from considering to reassess monetary policy from time to time ForexLive
Kuroda reaffirming that there is no change to the policy decision from July – Not thinking of widening margin of yield movements currently – Monetary policy will be conducted to achieve price goal ForexLive
Comments by ECB governing council member Olli Rehn – Expects ‘mild rebound’ in growth in Q4 – Prospects for returning to conventional interest rates, balance sheet have strengthened ForexLive
Comments by ECB governing council member Ardo Hansson – Would not make big conclusions based on preliminary Q3 GDP data – Sees temporary factors affecting Eurozone growth ForexLive
Expect more volatility to come in the Japanese government bond market ForexLive By now it comes as no surprise that the BOJ is purchasing fewer bonds (tapering) in the market but the fact that they’ve tweaked the bond-buying plan for three straight months isn’t really providing much certainty for traders on what to expect.
Comments from Foster ForexLive
Canada has a problem WTI crude oil is at the lows of the day, down another 95-cents to $62.80 per barrel. That’s about waivers to Iranian sanctions. In Canada though, oil is trading at just $17.40 per barrel. A big part of that problem is pipeline capacity. That price is for the hub near Edmonton…
S&P 500 down 12 points to 2729 Here’s the latest: ForexLive