Germany April flash manufacturing PMI 44.5 vs 45.0 expected Now, we will focus on Eurozone Manufacturing PMI Number
It is not yet the time for the Governing Council to introduce tiering on rates. We should not use tiering to keep rates permanently low.
The German ZEW headline numbers for April showed that the economic sentiment index jumped to 3.1 versus 0.8 expectations and -3.6 last. While the sub-index current conditions figure declined sharply to 5.5 versus 8.0 expected and 11.1 booked previously, missing market expectations.
The UK wages including bonuses rose by 3.5% y/y compared to 3.5% y/y expected. The UK unemployment rate steadied at 3.9% in February.
Urges the UK to use the extra time in the best way possible Says that there will be no re-opening of the withdrawal agreement Says EU27 can make changes to the political declaration Says that he and others involved are 'exhausted' with Brexit But says that...
1. UK Unemployment Rate The UK Unemployment Rate will be important for Sterling today. It is expected to stay at 3.9% in February, the same as the previous reading. A lower than expected reading should be taken as positive for the Sterling 2. German Z...
Russia and OPEC+ are ready for cooperation Watching market closely Russia is against uncontrollable increase of oil prices We are generally ok with current oil prices Not ready to say if Russia will reduce output or not Russian companies have thei...
Says that Macron wants quarterly checks to confirm the extension Includes possibility of cutting extension short if the UK isn't respecting its commitments Also wants the other 26 EU leaders to firmly commit to sticking to whatever position agreed at on Wednesday's summit and...
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