–Adds Comments On European Systemic Risk Board FRANKFURT (MNI) – Inflation expectations in the Eurozone are anchored in line with the European Central Bank’s intentions, and the ECB will continue to ensure price stability in the future, the bank’s president … Continue reading
WASHINGTON (MNI) – The following is the text of the summary of the American Petroleum Institute’s monthly report on domestic petroleum deliveries, gasoline deliveries and crude oil production for October released Friday: In October, with ongoing signs that the U.S. … Continue reading
US DATA: API says Oct US petroleum demand +1.3% yoy, ests US Oct crude production 5.5m bpd, +0.1% yoy. More on MNI Main wire.
–Most Likely Inflation Will Fall Back To Target LONDON (MNI) – The Bank of England’s Monetary Policy Committee must be “extremely vigilant” over the risk of above target inflation driving up inflation expectations, BOE Deputy Governor Paul Tucker said Friday … Continue reading
FRANKFURT (MNI) – Inflation expectations in the Eurozone are anchored in line with the European Central Bank’s intentions, and the ECB will continue to ensure price stability in the future, the bank’s president Jean-Claude Trichet said Friday. Giving the keynote … Continue reading
Upwards of 3 yards of EUR/CHF has to be bought at the 16:00 GMT fixing, traders report. Looks like the market is getting ahead of it… USD/CHF made another run for 1.00 but protection of barriers is holding back the … Continue reading
Regarding imbalances between different areas of the euro zone, JCT says it must be considered a single entity. Nice try, Jean-Claude.Until they have a single fiscal authority, there is no way markets will considered them a single entity… EUR/USD is … Continue reading
A bit of “risk-off” in early US trade with Chinese monetary tightening the likely catalyst. The S&P has opened down about 0.4% while CRB commodities index is 0.7% lower this morning, EUR/USD is a touch easier after the opening on … Continue reading
EUR/USD tested its hourly uptrend and has bounced nicely, now in the mid 1.3670s. Small offers are seen in the 1.3685 area near-term.
Inflation likely to come back to 2% or below because of economic slack Cable sits on it slows at 1.5965; stops are eyed below 1.5950 (again).