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YELLEN: BIDEN ADMIN FOCUS WIlL BE ON MAIN STREET AND NOT WALL STREET

19 Jan 21 (Tue)

04:33 pm

Yellen testimony: With interest rates at historic lows, the smartest thing is to act big


Treasury Secretary nominee Janet Yellen has been testifying in front of the Senate Finance Committee and has called on Congress to act to support the struggling economy. The former Federal Reserve Chair has stressed that interest rates are at historic lows, enabling broad action.  Yelle...

19 Jan 21 (Tue)

04:23 pm

Yellen says will work over time for a second relief package


Treasury Sec. nominee Yellen: - I believe in a fair and progressive tax code - Wealthy corporations and individuals should pay their fair share - Will work over time for a second relief package - We need to invest in infrastructure, R&D, an...

19 Jan 21 (Tue)

03:58 pm

Focus On Yellen Senate Confirmation Hearing Comments


Investors expect U.S. Secretary of the Treasury nominee Janet Yellen to affirm a more traditional commitment to market-set currency rates when she testifies at Capitol Hill later in the day. Yellen will testify before the Senate Finance Committee as part of her Senate confirmation heari...

19 Jan 21 (Tue)

03:04 pm

Breaking News


Germany agrees on extension of lockdown until Feb. 14th

19 Jan 21 (Tue)

02:27 pm

Headlines the Economic Calendar on Tuesday


1. Germany Consumer Price Index The German CPI inflation will be published today. On a year-on-year basis, the CPI is estimated to stay at -0.3%. A lower than expected reading should be taken as negative for the Euro 2. German ZEW Economic Sentiment

19 Jan 21 (Tue)

06:30 am

EU reportedly to seek an extension to ratify Brexit trade deal


According to the latest headlines, the EU will seek an extension to the deadline by which the free trade agreement with the UK must be ratified

18 Jan 21 (Mon)

01:49 pm

Focus On ECB Rate Decision And Eurozone CPI Inflation This Week


Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 0.4% in December from 0.2% in November, the report published by the US Bureau of Labor Statistics showed on Wednesday. On a yearly basis, the CPI edged higher to 1.4% and came in higher than the market expectation of 1.3%...

18 Jan 21 (Mon)

06:09 am

Breaking News


Industrial Production expands by 1.6% in December vs. 0.4% expected

15 Jan 21 (Fri)

02:22 pm

Annual Core PPI in US softened modestly in December


Annual Core PPI edges lower to 1.2% in December vs. 1.4% expected The Producer Price Index (PPI) in the US for final demand rose to 0.3% on a monthly basis in December from 0.1% in November, the data published by the US Bureau of Labor Statistics showed on Friday. On a yearly basis, the...

15 Jan 21 (Fri)

01:43 pm

Breaking News


US PPI final demand for December +0.8% vs. 0.8% estimate

15 Jan 21 (Fri)

01:31 pm

Breaking News


US Dec advance retail sales -1.4% vs 0.0% expected

15 Jan 21 (Fri)

01:31 pm

ECB Stournaras: Many eurozone banks underestimate credit losses due to pandemic


European Central Bank (ECB) policymaker Yannis Stournaras said on Friday that there is a widespread view that many eurozone banks underestimate credit losses due to the coronavirus pandemic

15 Jan 21 (Fri)

01:22 pm

Focus On US Economic Data


The US PPI is predicted to come out at 0.8% year-on-year basis. While the Core PPI inflation is expected to be 1.3%. A higher than expected reading should be taken as positive for the US Dollar. Economists predict that retail sales be at -0.2% in December. On the other hand, Core retail...

15 Jan 21 (Fri)

01:17 pm

Breaking News


Italy reportedly set to tighten restrictions for most of the country

15 Jan 21 (Fri)

12:34 pm

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