Tag Archives: ECB

FI Eye-Opener: A blow to further EU/Euro-zone integration

Core yields saw somewhat mixed performance on Friday. German yields edged slightly higher, and intra-Euro-zone spreads narrowed, while US yields fell ahead of all the uncertainty ahead over the weekend.

IMF Lagarde: Central Banks Might Have To ‘Lean Against The Wind’

International Monetary Fun Managing Director Christine Lagarde said Sunday that monetary policy may need to ‘lean against the wind’ of emerging financial imbalances.

FX: final call, EURUSD

The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.

The Week Ahead in FX

In the coming week, markets in the U.K. will be closed for a public holiday on Monday, while U.S. markets will also be closed for the Memorial Day holiday.

FI Eye-Opener: It’s all about politics, at least today

German Bund yield inched slightly lower to 1.36% on Thursday, as the weak French PMI’s reminded that the Euro area economy is not out of the woods yet.

FI Eye-Opener: Something good

Government bond yields rose on Wednesday as the Fed minutes failed to turn the yields that crept higher. US 10-year yield rose to 2.54%. German counterparts rose slightly to 1.38%.

FI EYE-OPENER: Spreads widen more

The Bundesbank warns carry-chasers Spread widening continues for e.g. Italien govies The EURUSD FX is in a wait-and-see position This afternoon, minutes from FOMC and Yellen speaks Bank of Japan refrains from adding even more stimulus

FI Eye-Opener: Italian and Spanish bonds facing stormy weather for a change

Bond yields edged further up on both sides of the Atlantic yesterday, though the short end yields actually fell a bit and curves thus steepened. Trading volumes were not particularly large.

ECB Mersch: Chances For June Action Have Risen ‘Substantially’

European Central Bank Executive Board member Yves Mersch said Monday that the chances of further easing measures at June’s monetary policy meeting have risen substantially.

ECB Nowotny: Negative Rates Accepted Elsewhere; Subject of Debate In EZ

European Central Bank Governing Council member Ewald Nowotny said Monday that banks in countries that introduced negative interest rates accepted these, but in a European context such a step requires consideration.

ECB Weidmann: Easier Financing Conditions May Offset Strong EUR

European Central Bank Governing Council member Jens Weidmann said Monday that easier financing conditions in the euro area over the medium term could more than offset the short-term impact of a strong euro.

FI Eye-Opener: Political uncertainty to keep yields depressed

After three days of huge bond rallies, yields finally found some support on Friday. The German 10-year yield rebounded by around 2bp, while the corresponding move in the US was some 3bp.