Thursday, 16 May, 2019
(BFW) Brainard Says Fed Could Signal Mild Inflation Overshoot Is OK *BRAINARD SAYS CONSUMERS REMAIN CONFIDENT, JOB MARKET IS STRONG *BRAINARD: UNDERLYING TREND INFLATION SOMEWHAT BELOW FED 2% GOAL*BRAINARD REPEATS SUPPORT FOR TURNING ON COUNTER-CYCLICAL BUFFER*BRAINARD: `NOW IS A BAD TIME’ TO WEAKEN RULES ON BIGGEST BANKS *FED’S BRAINARD REMARKS IN TEXT OF SPEECH IN WASHINGTON *FED’S BRAINARD: TRADE CONFLICT CREATING UNCERTAINTY *BRAINARD: COUPLE YEARS OVERSHOOT MAY BOOST PRICE EXPECTATIONS *BRAINARD SEES BENEFITS IN LETTING […] Read More
Friday, 17 May, 2019
LIBOR.. ISDA has launched two new consultations on benchmark fallbacks. Consultation is open until July 12, 2019 and expected completion by the end of the year. i have the link if wanted ——————————————————————————-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
Wednesday, 15 May, 2019
(BFW) Aussie Weakens as China Data Stoke Growth Concerns: Inside G-10 ——————————————————————————-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. BFW 05/15 09:16 Euro Orbits $1.12, Shrugs Off Fresh Italy Concerns: Inside G-10 Aussie Weakens as China Data Stoke Growth Concerns: Inside G-102019-05-15 03:46:19.707 GMT By Chikafumi Hodo and Masaki Kondo (Bloomberg) — Australia’s dollar sank to the lowest inmore than four months, as disappointing China data underscoredconcerns about the global growth outlook.* New Zealand’s currency also edged lower and the greenbackremained bid […] Read More
Thursday, 16 May, 2019
Terry McCrann: RBA will cut the cash rate in 18 days, big banks will follow Terry McCrann, Herald SunThe Reserve Bank will cut its official interest rate from its already record low of 1.5 per cent to 1.25 per cent at its next meeting Tuesday fortnight. The four big banks will follow by cutting their variable home loan rates by the same quarter per cent. The first, the RBA cut, is certain – no ifs, […] Read More
Wednesday, 08 May, 2019
BOE Bailey front runner for BOE Gov.. story to come The UK’s volatile political environment is making the search for the next governor of the Bank of England more difficult, tilting the scales towards a seasoned, home-grown appointee with diplomatic skills such as BOE veteran Andrew Bailey, MNI understands. Bailey, who joined the Bank in 1985 and currently heads the Financial Conduct Authority, is seen as the leading candidate, in part because he has demonstrated […] Read More
Tuesday, 07 May, 2019
McCrann – Terry McCrann: RBA easing bias: it’s unusual and hot Terry McCrann, Herald Sun 18 minutes ago The Reserve Bank has adopted an easing bias — but it’s a rather opaque easing bias because it’s an ‘unusual’ easing bias. Indeed, it’s so unusual that it’s never previously been adopted by the RBA in the nearly 30 years we have been getting these monthly — and public — interest rate decisions. It’s an unusual bias […] Read More
Tuesday, 07 May, 2019
ITALY DEPUTY PM SALVINI SAYS GOVERNMENT WILL CUT TAXES IN 2019 EVEN IF IT MEANS BREAKING THE EU 3 PCT DEFICIT/GDP LIMIT ——————————————————————————-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
Tuesday, 07 May, 2019
(BFW) RBA Leaves Cash Rate Target Unchanged at 1.50% ——————————————————————————-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. BFW 05/07 04:30 *RBA LEAVES CASH RATE TARGET UNCHANGED AT 1.50% RBA Leaves Cash Rate Target Unchanged at 1.50%2019-05-07 04:32:20.877 GMT By Garfield Reynolds (Bloomberg) — Reserve Bank of Australia leaves keyinterest rate unchanged at record-low 1.5% for 30th consecutivemeeting.* RBA Governor Philip Lowe says in statement Tuesday: “The Boardjudged that it was appropriate to hold the stance of policyunchanged at this meeting. In doing […] Read More
Tuesday, 07 May, 2019
This is an interesting price point for YM {97<GO>} lets see if the longs going in get some resilience here or stops get triggered into London session.. been a good level on a few occasions. the banks will start putting out pieces defending their cut calls and the statement is dovish etc, but as we have been putting out for the last 10 odd sessions, mkt was getting long YM vs everything, IR, IR reds, […] Read More
Friday, 03 May, 2019
Jay Powell battles with messaging at the Federal Reserve Part of the problem for the central bank chairman is a lack of clarity of when to move on rates 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 […] Read More
