• richard evans

Overnight news

Good morning


- US, Asian markets mixed, markets fairly quiet

- Fed officials speaking were reasonably hawkish

- Feds Kaplan says reduction in asset purchases soon, rate rise in 2022

- Feds Bostic sees rate rise late 2022, now near to lowering QE

- Feds Rosengren says recovery is generally robust, some areas still stuggling

- Some suggestion White House close to infrastructure spending deal

- US services PMIs missed yesterday, USD weakened

- EU leaders meet today in Brussels

- Merkel says UK travellers should quarantine on arrival in EU

- BoE today, no policy changes expected

- Do watch for mention of possible reduction in asset purchases

- Overall feeling is BoE wait for furlough to end before making decisions

- This will be Haldanes last meeting as he goes off to new challenges

- Reports Russia fired warning shots at UK Royal Navy ship

- Nikkei flat at 28,875

- Shanghai Comp flat at 3,566

- USDCNY fixes 6.4824 from 6.4621


- 07.45 BoJs Kuroda speaks

- 09.00 ECB economic bulletin

- 09.00 German IFO

- 12.00 BoE rate announcement

- 12.35 ECBs Panetta speaks

- 13.30 US GDP, durable goods, initial jobless claims

- 14.00 Feds Barkin speaks

- 14.30 Feds Bostic, Harker speak

- 16.00 Feds Williams speaks

- 16.30 ECBs Schnabel speaks

- 18.00 Feds Bullard speaks

- 23.45 NZ trade balance

- 00.01 UK GfK consumer confidence

- 00.30 Japan Tokyo CPI


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