Market News

Anxiety increases on the impact of coronavirus


The coronavirus fear has increased.  Singapore announces its 1st case within it's borders. China as put cities on lockdown and other Lunar New Year events have been canceled. Putting things in perspective the total deaths have risen to 25.  This is still not a lot of people, but the fear is on ge...

23 Jan 20 (Thu)

02:38 pm

Breaking News


EUR/USD has dropped to the lowest this year, below 1.1070, after Christine Lagarde, President of the European Central Bank, said that it will take climate change into its considerations. The crisis may trigger the usage of additional monetary stimulus.

23 Jan 20 (Thu)

02:24 pm

Lagarde speech: Won't comment on inflation target band


Wouldn't draw any conclusion for ECB from Sweden's rate hike. Will adhere to current strategy, target until new strategy has been defined. Won't comment on inflation target band. My mission is to harness all views around. There was a discussion on balance o...

23 Jan 20 (Thu)

01:59 pm

US Treas. Secretary Mnuchin: We've started to work on Tax Cut 2.0


US is a bright spot of global growth The increase in the deficit is increasing government spending Government spending growth must low down The US can not sustain deficit level and the government has to cut back on spending  The President is looking toward...

23 Jan 20 (Thu)

01:46 pm

Comments at the ECB press conference


In light of the continued subdued inflation outlook, monetary policy has to remain stimulative for a prolonged period of time We will closely monitor inflation developments ECB ready to adjust all instruments as appropriate ECB committed to symmetry on inflation...

23 Jan 20 (Thu)

01:39 pm

Lagarde opening statement: Incoming data are in-line with baseline scenario


LAGARDE: SOME SIGN OF MODERATE INCREASE IN UNDERLYING INFLATION Manufacturing remains a drag Employment growth continues to support economy There are some signs of an increase in inflation that's in line with expectations

23 Jan 20 (Thu)

01:36 pm

US Initial Jobless Claims


Actual: 211K Forecast: 215K Forecast: 205K

23 Jan 20 (Thu)

01:30 pm

Coming Up: ECB Press Conference


ECB President Lagarde Holds Press Conference in Frankfurt in 15 minutes

23 Jan 20 (Thu)

01:16 pm

Breaking News


US Commerce Secretary Ross states that they are working on the assumption that the US and EU can reach a trade deal, however, it is more complicated than China

23 Jan 20 (Thu)

01:14 pm

ECB - Bond purchases will continue for as long as necessary.


ECB ANNOUNCES ITS FIRST STRATEGIC REVIEW OF POLICY SINCE 2003 ECB: RATES AT PRESENT OR LOWER LEVELS UNTIL INFLATION GOAL NEAR

23 Jan 20 (Thu)

12:49 pm

Breaking News


ECB leaves key rates unchanged in January meeting

23 Jan 20 (Thu)

12:46 pm

ECB Interest Rate Decision (Jan)


Actual: 0.00% Forecast: 0.00% Previous: 0.00%

23 Jan 20 (Thu)

12:45 pm

Pay Attention To Eurozone Interest Rate Decision


The ECB will announce its rate decision and forward guidance in 15 minutes. No change in monetary policy looks likely in the near future evidence that the central bank is shifting away from a dovish outlook may encourage greater demand for the single currency.

23 Jan 20 (Thu)

12:30 pm

Breaking News


NIGERIA'S OIL MINISTER: OPEC READY TO CUT FURTHER IN MARCH IF NEEDED

23 Jan 20 (Thu)

08:35 am

UK's Leadsom: We will make a final decision on Huawei 'soon'


US warns UK on giving Huawei access to 5G networks  US officials to visit London to urge ban on Huawei 5G UK PM spokesman says government will make a decision on Huawei in due course China says that hopes UK can make Huawei decision independently

23 Jan 20 (Thu)

08:02 am

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