Wednesday, 22 September, 2021
In Brief: -No changes to QE/balance sheet policy or the target rate -No taper announcement but policy statement may be altered to indicate ensuing meetings are ‘live’ for a taper announcement -SEPs in focus with upward drift to core inflation forecast for 2021/2022, downgrade to 2021 GDP -Upward drift in Dots may indicate lift-off in 2022 but it seems a very close call; -2023 dot could also drift higher while inaugural 2024 dot […] Read More
Tuesday, 21 September, 2021
House prices a persistent pressure on euro zone inflation, ECB study shows – Reuters News Sentiment:Mostly negative 21-Sep-2021 11:35:34 To view this story on Refinitiv Workspace, click here FRANKFURT, Sept 21 (Reuters) – House prices, now excluded from euro zone inflation data, would have persistently raised consumer prices in recent years, a study published by the European Central Bank showed on Tuesday, highlighting policymakers’ unease with the current indicator. Once corrected for housing […] Read More
Tuesday, 21 September, 2021
BUZZ-COMMENT-Risk of hawkish Fed surprise underpins USD – Reuters Sentiment:Mostly negative 21-Sep-2021 11:18:08 To view this story on Refinitiv Workspace, click here Sept 21 (Reuters) – Although risk aversion has abated for now, the continued safe-haven allure of the USD will limit it’s setbacks while markets remain cautious, as will fears of a hawkish surprise from the U.S. Federal Reserve on Wednesday. Investors still expect the Fed to signal their intention to taper […] Read More
Tuesday, 21 September, 2021
FACTBOX-Five things to watch at Fed policy meeting this week – Reuters News Sentiment:Mostly negative 21-Sep-2021 11:00:00 To view this story on Refinitiv Workspace, click here By Ann Saphir Sept 21 (Reuters) – Federal Reserve policymakers begin a two-day meeting Tuesday to discuss the U.S. jobs and inflation outlook and craft a policy response that could edge the central bank closer to dialing down its support for the economy. Here are five things to look […] Read More
Tuesday, 21 September, 2021
FOREX-Yuan pressured as Evergrande risks grow; oil lifts commodity currencies – Reuters News Sentiment:Mostly negative 21-Sep-2021 07:04:56 To view this story on Refinitiv Workspace, click here By Kevin Buckland TOKYO, Sept 21 (Reuters) – The offshore yuan lingered near an almost one-month low on Tuesday while safe-haven currencies including the dollar benefited as investors sought shelter from a potential default by property developer China Evergrande. Commodity currencies gained amid a rally in crude oil […] Read More
Friday, 17 September, 2021
(Bloomberg) — Today is triple witching for stocks and it’s estimated $3.4 billion of equity options are set to expire. This coupled with the start of the corporate blackout window could really put dip buyers in stocks to the test. This all takes place while the S&P 500 index dances above the 50-dma, a level where dip buyers have placed their wagers several times in the last year. If these buyers show up, it might […] Read More
Friday, 17 September, 2021
EQUITIES are we there yet? {97<GO>} ——————————————————————————-This message may contain confidential or privileged information. If you are notthe intended recipient, please advise us immediately and delete this message.The unauthorised use, disclosure, distribution and/or copying of this e-mail orany information it contains is prohibited.This information is not, and should not be construed as, a recommendation,solicitation or offer to buy or sell any securities or related financialproducts. This information does not constitute investment advice, does notconstitute a personal recommendation and has been prepared without regard tothe individual financial circumstances, needs or objectives of persons whoreceive it. Read More
Friday, 17 September, 2021
(BN) ECB’s Kazaks Sees Prospect of Faster Inflation Than Forecast The euro area’s inflation outlook may turn out higher than currently anticipated if the coronavirus doesn’t inflict any further shocks, according to European Central Bank Governing Council member Martins Kazaks. The region’s stabilizing economic recovery, persistent supply bottlenecks and rising expectations all point to possible faster-than-forecast price gains, he said in an interview on Thursday. Just last week the ECB revised up its inflation projections […] Read More
Friday, 17 September, 2021
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.https://www.ft.com/content/0ee1336d-1c7c-43b5-a8ed-f141f31fb70e The European Central Bank expects to hit its elusive 2 per cent inflation target by […] Read More
Thursday, 16 September, 2021
following on BAML yesterday bringing forward to Feb, full piece from earlier today:: BOE: GS push forward first BOE hike forecast: * Goldman Sachs has pushed forward its initial Bank Rate hike to May 2022 (15bp) “to be followed by subsequent increases of 25bps every two quarters, putting Bank Rate at 0.5% in 2022Q4, 0.75% in 2023Q2 and 1.0% in 2023Q4.” * They expect reinvestments to cease when Bank Rate reaches 0.5% in Q422 […] Read More
