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Jun 21 U.S. 30-Year Yield Drops Below 2% For First Time Since February (USA) Treasury 30-year yields dropped below 2% for the first time since February as traders continued to unwind reflation trades after the Federal Reserve’s hawkish pivot. Thirty-year yields fell two basis points to 1.99%, while benchmark rates declined as much as three […]
Jun 14 Lagarde: Interview with Politico EU (Euro Zone) The eurozone still needs fiscal and monetary support. That is why we would very much love to know for how long you expect the region to still need the proverbial crutches that you cited? In terms of real gross domestic product (GDP) we are likely to […]
Jun 7: Japan Spring wage talks have resulted in avg pay increase of 1.82% according to Japan Business Federation, this is the first time below 2% since 2013 (Japan) (JP) Japan Spring wage talks have resulted in avg pay increase of 1.82% according to Japan Business Federation, this is the first time below 2% since […]
May 31 ANZ New Zealand Business Outlook: May be peaking? (New Zealand) Business sentiment and activity indicators were lower in the late-month May sample, but all indicators for the month as a whole were still higher than in April. Cost and inflation indicators continue to rise. Figure 1. ANZ Business Confidence Index and ANZ Own […]
May 24: Fed’s Brainard: In Middle Of Unprecedented Rebound In US Economy (USA) Fed’s Brainard: Been Expecting Some Higher Inflation Readings In The Near Term Because Of Base Effects BoC’s Macklem: Tapering is right move for economy: DJ (Canada) Bank of Canada Gov. Says Tapering Is Right Move for Economy Comfortable with pulling back on […]
May 17 : Joint EU – US statement on addressing global steel and aluminum excess capacity (Euro and US) Executive Vice President Dombrovskis, Ambassador Tai and Secretary Raimondo acknowledged the impact on their industries stemming from global excess capacity driven largely by third parties. The distortions that result from this excess capacity pose a serious […]