Tag Archives: ECB

FI Eye-Opener: The Yellen effect

German bond yields rose yesterday. Even though Euro-zone March inflation numbers were soft (see more below), they were not weak enough to give bonds another boost.

Daily FX Wrap and Strategy

The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660. However, in the context of an outstanding week, a bit of profit-taking seems understandable.

FX: USD wants tails

The market sentiment likely to stay positive, not in the USD favor. EURUSD may be copying previous months’ development around ECB meeting.

ECB Weidmann: ESM Bailout Should Trigger Debt Maturity Extension

European Central Bank Governing Council member Jens Weidmann Friday suggested that automatic debt maturity extensions should be included in collective action clauses to

FI Eye-Opener: Correction lower looming for US equities

Bond yields continued to fall yesterday, especially in the US, where the 10-year yield retreated by almost 6bp. US bonds were boosted by a positive 5-year note

ECB Draghi: Fin Sector Reboot To Make Monetary Policy More Effective

European Central Bank President Mario Draghi said Tuesday that while the Eurozone debt crisis was not over, progress in “rebooting” the financial system was making monetary policy more effective.

European equity markets were modestly weaker during the London morning, but even more noteworthy was the lack of attention paid by Asian shares to the weaker-than-expected data out of China overnight.

FI Eye-Opener: New stimulus will not save the day this time?

Bond yields fell on Friday ahead of weekend, while intra-Euro-zone spreads narrowed in the semi-core names. The German 10-year yield ended the day lower by

Draghi needs Swedish lessons

The ECB needs to learn from the Riksbank and become far more vocal about the threat posed by a strong currency to its inflation mandate.

FI Eye-Opener: Upside in yields still limited for now

Bond yields rose on both sides of the Atlantic yesterday on relief the Crimean referendum had not led to violence, while the resulting sanctions were perceived soft. Intra-Euro-zone spreads narrowed and equities rallied (S&P 500 up by 0.96%).

FX: mute ECB

Talking the talk is not sufficient to stop EUR. USD broad weakness vs majors should continue for now.

FI Eye-Opener: Flight-to-quality dominating

Core bonds rallied in earnest yesterday, curves bull-flattened further, intra-Euro-zone spreads widened and equities took a beating.