Market News

UK Gove: EU has been constructive recently


Negotiations give us cause for steady optimism. The EU has been constructive recently. We believe in the rule of law. We are hopeful and confident that progress can be made in negotiations. We are making progress in the Joint Committee. The EU has...

07 Oct 20 (Wed)

01:29 pm

Breaking News


UK PLANS TO QUIT BREXIT TRADE TALKS IF NO DEAL SEEN BY OCT. 15

07 Oct 20 (Wed)

01:18 pm

Fed Kashkari: If fiscal support runs out, bank losses will rise


the fiscal support runs out, bank losses will rise because banks do need more capital an enormous consequences of letting things go do not favor using interest rates to tamp down stocks

07 Oct 20 (Wed)

01:15 pm

Ireland Coveney: UK stance on state aid in Brexit talks is very problematic


Level playing field is really serious issue Barnier will not enter tunnel without UK state aid move Gap on fisheries is really, really wide

07 Oct 20 (Wed)

08:44 am

Headlines the Economic Calendar on Wednesday


1. Canada Ivey PMI Canada Ivey PMI will be widely followed by the market. A better realization than the previous month number of 67.8 would support the Canadian Dollar against the Greenback. 2. US Crude Oil Inventories Crude oil stoc...

07 Oct 20 (Wed)

06:20 am

Powell speech: Too-little policy support would lead to weak recovery


We should continue to do what we can to manage downside risks to the outlook. Fiscal and monetary policy actions have supported a strong but incomplete recovery. Fiscal, monetary policy have for now muted normal recessionary dynamics of a downturn. There is still a l...

06 Oct 20 (Tue)

02:56 pm

Breaking News


Fed Chair Powell says it seems likely that services consumption weakness caused by health concerns and not a reduction in wealth

06 Oct 20 (Tue)

02:54 pm

Breaking News


The latest round of EU-UK trade talks one of the most positive so far, adds that big progress on issues including social security - EU sources

06 Oct 20 (Tue)

01:47 pm

Breaking News


US trade balance for August -$67.1B vs -$66.2B estimate

06 Oct 20 (Tue)

12:30 pm

Fed Bullard: I like monetary policy right now


Do not think the Fed has to do anything differently now or going into next year The economy may improve faster than markets think, but Fed will keep the current policy Hopeful that policy is right to spur a faster recovery More fiscal stimulus will make forecasts tha...

06 Oct 20 (Tue)

09:40 am

Breaking News


ECB de Cos: There is a risk that vaccine might not arrive by middle of 2021

06 Oct 20 (Tue)

09:35 am

Comments by ECB president, Christine Lagarde


Fears that instead of a V-shaped recovery, the rebound will be shakier Do not see a complete recovery until the end of 2022

06 Oct 20 (Tue)

08:42 am

Some remarks by UK finance minister, Rishi Sunak


The focus of all my attention is to support jobs If consumers lack confidence, that will have an impact on jobs But we need sustainable public finances

06 Oct 20 (Tue)

07:01 am

Headlines the Economic Calendar on Tuesday


1. ECB President Lagarde Speaks Due to participating in a virtual panel discussion at an event celebrating the 10th anniversary of the European Stability Mechanism 2. US JOLTs Job Openings (Aug) The US Bureau of Labor Statistics will...

06 Oct 20 (Tue)

06:46 am

Fed Evans: We must be in it to win it to hit 2% inflation


Comments from the Chicago Fed President The economy is recovering but still has a long way to go Fed aiming for above 2% inflation for some time Sees unemployment hitting 4% in 2023

05 Oct 20 (Mon)

02:51 pm

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