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Friday, May 17, 2024

Bank of England Monetary Policy Committee member Catherine Mann speaking on Friday

Bank of England Monetary Policy Committee member Catherine Mann speaking on Friday

Bank of England Monetary Policy Committee member Catherine Mann speaks at 0800 GMT, 0400 US Eastern time: at ESCoE statistics conference on the measurement of the cost of capital and its implications... 

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ECB's Schnabel says June rate cut may be appropriate, path after is much more uncertain

European Central Bank Board member Schnabel speaking with Japanese media, Nikkei: Says depending on incoming data rate cut in June may be appropriate but path beyond June is much more uncertain Recent... 

Heads up - Federal Reserve Chair Powell is speaking on Sunday afternoon US Eastern time

Powell will speak at 1530 US Eastern time on Sunday May 19 at Georgetown Law commencement ceremony That is 1930 GMT And perhaps more importantly 7.30am New Zealand time on Monday Market liquidity will... 

There will be press conference in China later today re policies to ensure housing delivery

Press conference coming up later in the day by China's housing and financial regulators regarding policies to ensure housing delivery. I haven't a time or further details on this. Related to this perh... 

China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)

Key economic indicators from China for March 2024. Unemployment Rate 5.0% expected 5.2%, prior 5.2% So, a bit of encouraging news and some not so good. Factory output beat, unemployment beat. Retail a... 

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Latest Forex Orders

FX option expiries for 16 May 10am New York cut

There are a few to take note of, as highlighted in bold . And they are all for EUR/USD layered from 1.0845 through to 1.0900. The upper bound in particular is a notable one, acting alongside offers in... 

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