ECB's Makhlouf says new risks emerging as others fadeFULL STORYA large part of monetary tightening has yet to be passed through to the financial system and economy, and while some risks are fading, new vulnerabilities are emerging, European Central Bank policymaker...
ECB’s Lane: underlying inflation progress not enough
ECB's Lane: underlying inflation progress not enoughFULL STORYThe European Central Bank is seeing some progress in its efforts to push down underlying inflation but this is not yet enough, ECB chief economist Philip Lane told a conference in Riga on Wednesday.Lane...
BoE’s Bailey: Openness beats fragmentation
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Euro zone consumers raise inflation expectations in headache for ECB
Euro zone consumers raise inflation expectations in headache for ECBFULL STORYThe ECB's Consumer Expectation Survey, carried out in September and released on Wednesday, showed the median respondent thought inflation would be 4.0% in the next 12 months, up from 3.5% in...
Market Update – November 08
Wall Street posted solid gains as Treasury yields tumbled further. Beliefs the FOMC and other DM central banks are done hiking rates continue to boost investor sentiment. Hawkish jawboning from a number of Fedspeakers was generally dismissed. Treasury yields continued...
Dollar rebound extends for third day before Fed’s Powell speech
Dollar rebound extends for third day before Fed's Powell speechFULL STORYThe dollar's rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from Chair Jerome Powell...
ECB’s Kazāks: We Remain Determined to Reach Our Price Stability Target
ECB’s Kazāks: We Remain Determined to Reach Our Price Stability TargetFULL NOTE via @EconoStream The European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday vowed that the euro area’s monetary policymakers would restore price stability.In a speech...
Italian Retail Sales (YoY) (Sep) $EUR Actual: 1.3% Previous: 2.4%
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French Trade Balance (Sep) $EUR Actual: -8.9B Expected: -8.1B Previous: -8.3B
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German CPI (YoY) (Oct) $EUR Actual: 3.8% Expected: 3.8% Previous: 4.5%
German inflation eases to 3.0% in OctoberGerman inflation eased in October to 3.0%, the federal statistics office said on Wednesday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen 4.3%...
Oil prices sputter near 3-month lows as demand concerns mount
Oil prices sputter near 3-month lows as demand concerns mountFULL STORYOil prices struggled on Wednesday after sliding to their lowest levels in over three months in the previous session, weighed down by concerns over waning demand in the world's top oil consumers,...
The @Newsquawk Europe Market Open: Contained APAC trade ahead of Central Bank speakers
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China authorities ask Ping An to take controlling stake in Country Garden
Reuters Exclusive-China authorities ask Ping An to take controlling stake in Country Garden, sources sayFULL STORYChinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the nation's biggest private property...
FX option expiries for Wednesday, 8 November 2023 at the 10am New York cut
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BoJ Gov Ueda says Bank stands ready to buy ETFs could be underpinning recent stock prices
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ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27
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Federal Reserve speakers Wednesday: Powell, Cook, Williams, Barr, Jefferson
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European Central Bank speakers for Wednesday, 8 November 2023 include head economist Lane
Coming up from the European Central Bank today:0845 GMT / 0345 US Eastern time: Keynote speech and participation in Panel 1 "Unravelling the Puzzle of Sluggish Productivity Growth: Lessons Learned and Future Prospects for Europe" by ECB chief economist Philip Lane at...
Baidu ordered artificial intelligence chips from Huawei this year, alternative to Nvidia
Via Reuters comes the news that Chinese firm Baidu, one of China's leading artificial intelligence firms ordered AI chips from Huawei this year. Reuters cited "two people familiar with the matter" and added that it's a sign that U.S. pressure is prompting Chinese...
Bank of England Governor Bailey is scheduled to speak Wednesday, 8 November 2023
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