6 April, 2016 by The TZ Newswire Staff Comments Off on ECB’s Constancio says they will do whatever required to pursue price stability objective
ECB’s Constancio says they will do whatever required to pursue price stability objective
ECB vp Constancio testifying to European parliament committee
– we need to complete the banking union with the European deposit insurance scheme
– reviewing the existing regulatory treatment of sov risk due consideration should be given to liquidity function of sov bonds
6 April, 2016 by The TZ Newswire Staff Comments Off on Metso to publish its Interim Review for January-March 2016 on Friday, April 22, 2016
Metso to publish its Interim Review for January-March 2016 on Friday, April 22, 2016
6 April, 2016 by The TZ Newswire Staff Comments Off on Spain industrial output Feb yy SA +2.2% vs +3.0% expected
Spain industrial output Feb yy SA +2.2% vs +3.0% expected
February industrial output report now published
– +3.4% prev revised down from +3.5%
– yy NSA +5.9% vs +0.7% prev
– mm -0.2% vs +0.4% exp vs -0.1% prev
Softer data overall but not denting the euro.
6 April, 2016 by The TZ Newswire Staff Comments Off on France trade balance Feb -€5.177bln vs -€3.7bln expected
France trade balance Feb -€5.177bln vs -€3.7bln expected
French trade data out a few moments ago
– -€3.909bln prev revised down from -€3.712bln prev
– current account deficit -€3.9bln vs -€2.2bln prev revised up from -€1.4bln
One for general filing right now.
6 April, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar slides to fresh 18-month low vs. yen as market bets on no BOJ intervention
Currencies: Dollar slides to fresh 18-month low vs. yen as market bets on no BOJ intervention
Investors bet Tokyo will not intervene in the market, and continue to push the dollar lower against the yen.
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6 April, 2016 by The TZ Newswire Staff Comments Off on ECB’s Praet return to structural growth and employment can not depend on monetary policy
ECB’s Praet return to structural growth and employment can not depend on monetary policy
ECB chief economist Peter Praet up to the rostrum
Praet prattling on about reforms again.
– if further shocks were to materialise our measures could be recalibrated
Full speech
6 April, 2016 by The TZ Newswire Staff Comments Off on BOJ’s Osaka branch manager says companies in Kansai region want stable forex moves
BOJ’s Osaka branch manager says companies in Kansai region want stable forex moves
Bank of Japan Osaka branch manager out on Reuters
– stable forex moves preferred regardless of specific levels
– there are firms that benefit and lose by yen’s rebound
Meanwhile USDJPY still finding some respite around 108.80