Comments by ECB member Villeroy in Paris Nothing new here from Villeroy. Reiterating the same rhetoric that the ECB is confident that inflation is moving upwards still.
Further comments by Saudi oil minister Khalid Al-Falih Sure, when you’re the only one with spare capacity then everything seems that easy.
But autos sector weighing down the Eurostoxx and DAX This comes after Daimler issued a profit warning, blaming the US-China trade war, saying it has impacted sales and profits of the SUVs it builds in Alabama. The rest of the region is seeing mild positive tones, and that’s not too surprising given the performance of…
Early signs of a risk-off move is being observed USD/JPY has pared all gains on the day and trades near the lows now at 110.35, meanwhile US 10-year yields have also fallen to session lows of 2.91%. S&P 500 futures have also turned negative and European equities are all seeing red.
Comments by SNB board member Andrea Maechler Meanwhile, Jordan refuses to comment on when normalisation may start and says that he doesn’t want to speculate on the effects of ECB ending its QE programme.
EUR/USD touches a low of 1.1514 on the day And is inches away from the year’s low at 1.1510. The latest catalyst that I can see for the move comes from the appointment of Alberto Bagnai as Italy’s senate finance committee head. The appointment there caused Italian investors to be upset and .
Further comments by Saudi Arabia’s oil minister Khalid Al-Falih Pretty much setting the market expectations here. Al-Falih sure sounds confident on the matter, and the continued talks of oil output increases have sent oil tumbling further.
Italy’s MIB falls by more than 1%, while 10-year bond yields have jumped by more than 10 bps on the day now This comes after Alberto Bagnai was appointed as Italy’s senate finance committee head. Bagnai is a somewhat equivalent to Savona in the sense that he’s a major euroskeptic.
Five reasons to be optimistic about the future It was a rough week in global markets so it’s a good time to take a step back and look at the ultra-long term. To me, being bearish in the big picture is insanity because mankind has already solved so many problems. I talk about how all the…
An overly-busy trader isn’t a great trader Former Bank of England Governor Mervyn King probably shouldn’t be giving advice — he wasn’t a great central banker — but he does anyway and hits on a great point.