Market News

ECB's Weidmann: The downturn in export-oriented industries could be leveling off


ECB strategy gives us the leeway not to respond to every 'slight' revision in the inflation outlook Driving inflation rates above target intentionally not consistent with a strategy may lead to credibility risk Monetary policy cannot be complacent if it leads to build-up of fi...

22 Nov 19 (Fri)

01:07 pm

China premier Li says will not resort to competitive devaluation of the yuan


Will push forward with yuan market-based reform Will keep yuan basically stable within a reasonable, balanced range

22 Nov 19 (Fri)

11:34 am

UK Manufacturing PMI


UK November flash manufacturing PMI 48.3 versus 48.9 expected

22 Nov 19 (Fri)

09:35 am

Eurozone Preliminary Manufacturing PMI rises to 46.6 in November


Eurozone Manufacturing PMI arrives at 46.6 in November versus 46.4 expected Eurozone Services PMI arrives at 51.5 in November versus 52.5 expected

22 Nov 19 (Fri)

09:17 am

ECB's Lagarde: We face a global environment that is marked by uncertainty


ECB president Christine Lagarde is speaking in Frankfurt There are two main challenges in the global economy today The first relates to the changing nature of world trade There are also chances of a more structural nature The second challen...

22 Nov 19 (Fri)

08:35 am

German Services PMI (Nov)


Actual: 51.3 Forecast: 52.0 Previous: 51.6

22 Nov 19 (Fri)

08:31 am

German Manufacturing PMI (Nov)


Actual: 43.8 Forecast: 42.9 Previous: 42.1

22 Nov 19 (Fri)

08:30 am

German GDP (YoY) (Q3)


Actual: 1.0% Forecast: 0.5% Previous: 0.3%

22 Nov 19 (Fri)

07:02 am

Headlines the Economic Calendar on Friday


1. Manufacturing PMI Numbers Keep your eye on a report on activity in the manufacturing sector. German Manufacturing PMI will be announced and it is expected to come out at 42.9 while Eurozone Manufacturing PMI is expected to be 46.4 in November. A reading bel...

22 Nov 19 (Fri)

06:25 am

BOC's Poloz says he thinks monetary conditions are 'about right'


Canadian economy is in a good place overall We're still quite stimulative where we are today We want to do whatever we can to boost trend line Starting to see glimmer of response in global easing Global financial conditions have eased a lot

21 Nov 19 (Thu)

02:39 pm

ECB releases its account of its October monetary policy meeting


ECB: A strong call for unity was made at October meeting Frank discussions necessary but it is important to form a consensus And  to unite behind inflation goal Economic data raised the question as to whether weakness would continue for lo...

21 Nov 19 (Thu)

12:54 pm

OECD Economic Outlook


OECD growth forecasts - 2019 global at 2.9% (unch) - 2020 global at 2.9% (-0.1ppt) - 2019 US at 2.3% (-0.1ppt) - 2020 US at 2% (unch) - 2019 Euro Area at 1.2% (+0.1ppt) - 2020 Euro Area 1.1% (+0.1ppt)

21 Nov 19 (Thu)

10:13 am

Breaking News


China reportedly invites US trade negotiators for more talks

21 Nov 19 (Thu)

10:11 am

Moody’s: German banking outlook changes to negative from stable as profitability weakens


The creditworthiness of German banks is set to decline. Deposits are proving to be costly for German banks. German banks' profitability to weaken in a low-interest-rate environment.

21 Nov 19 (Thu)

07:33 am

Headlines the Economic Calendar on Thursday


1. ECB Publishes Account of Monetary Policy Meeting In the Eurozone, the minutes of the European Central Bank meeting due Thursday is expected to provide investors with an insight into the European central bank’s thinking on monetary policy. The European Centr...

21 Nov 19 (Thu)

06:13 am

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