Canada wholesale trade sales for May 5.7% vs. 7.9% estimate
US Housing Starts 1.186MM, Exp. 1.189MM US Housing Permits 1.241MM, Exp. 1.293MM
US Housing Starts will be announced and it is a critical indicator of economic strength in the US. The market expects housing starts to rise to 1.169 mln from 0.974 mln. US Building Permits as another key indicator of demand in the housing market measure the change in the number of new...
We are committed to keeping markets stable via QE Government, BOE committed to minimizing damage from the coronavirus Important that fiscal and monetary policies are coordinated
UK PM Johnson: We can now control the virus through targeted local lockdowns We are publishing framework for containing future virus outbreaks Local authorities will be given new powers from tomorrow Ministers will be able to close whole s...
Eurozone June final CPI +0.3% vs +0.3% y/y prelim
Actual: 0.8% Expected: 0.8% Previous: 0.9%
EU Michel: With political will, an agreement is possible Says confident that it is possible to find an agreement
French President Macron says he is confident but cautious ahead of the European Summit in Brussels
1. Eurozone Consumer Price Index (CPI) We will focus on the Eurozone Consumer Price Index Today. On the year-on-year basis, the Eurozone CPI is expected to come out at 0.3% A better than expected realization may support the single currency. 2. US Housi...
Relatively low take-up of the Fed programs are a sign of success Fed programs have helped ease credit market strains Has seen significant improvement in credit market access Scale and reach of the Fed's response is an indication of the gravity and unique nature o...
FITCH: WE EXPECT OPEC+ TO CONTINUE TO PERIODICALLY ADJUST A TWO-YEAR DEAL REACHED IN APR. 2020 TO AVOID LARGE PRODUCTION SURPLUSES OR DEFICITS.
EU Official says accord at July 17-18 summit is not guaranteed
ECB Lagarde says the ECB assumption is for the EU recovery fund to be approved
Headline inflation to decline again in coming months before pick up in 2021. Over medium-term, weaker demand to put downward pressure on inflation, partly offset by supply constraints. Market-based inflation indicators continued to increase but overall subdued. Surve...
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