week repurchase rate: Live & Latest News Updates : Vimarsana.com

Markets fine-tune central bank rate cut expectations

- Underlying theme of trimming rate cut expectations remains, with market pricing for BoE rate cuts pared once again, after Haskel said more evidence on reduced inflation persistence needed to stop voting for rate hikes.

Euro Zone CPI hits 5% for record high, awaiting US payroll data

- French and German Nov Industrial Production miss expectations while exports grew despite persisting supply bottlenecks. - Euro Zone Dec Preliminary

Focus on BOE and whether its decides to hike rates

- Mixed PMI Services data from EU in session but remaining in expansion territory (Beats: none, Misses: Euro Zone, Italy; in-line: France, Germany). -

Uptick in inflation data continues to be played down by central bankers

- UK Q2 Final GDP revised higher but concerns on growth front as furlough scheme ends today (Sept 30th). - EU region inflation continued its update as

Watching to see if hawks emerge at upcoming BOE decision

Euro area PMI data generally improve as virus restrictions ease

Focus on BoE and Turkish rate decisions, corporate earning season picks up the pace

Aston Martin [AML.UK] +2% (earnings), AB InBev [ABI.BE] +5% (earnings). - UniCredit [UCG.IT] +3% (earnings), - - Continental [CON.DE] -1% (earnings). - Telecom: Telecom Italia [TLIT.IT] -5% (Italian govt said to drop backing of Telecom Italia single network plan). Speakers - ECB Economic Bulletin noted that the near-term economic outlook remained clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns. Preserving favorable financing conditions over the pandemic period remained essential. - Norway Central Bank (Norges) Olsen post rate decision press conference noted that the economy should gradually normalize but uncertainty remained. Pandemic was not over but vaccinations were well underway and saw light at the end of the tunnel. Normalization of liquidity was well underway and saw all extraordinary loans repaid by end-Aug.

Snap election looks less likely in Italy; Focus on BOE decision to be on negative rate outlook

+1.8% (earnings), TomTom [TOM2.NL] -13.5% (Earnings) - - - - - Speakers - ECB Economic Bulletin noted that the pandemic continued to pose serious risks to public health and to the euro area and global economies. Start of vaccination campaigns across the euro area was an important milestone in the resolution of the ongoing health crisis. Monetary stimulus remained essential to preserve favorable financing conditions over the pandemic period for all sectors of the economy - German Fin Min Scholz stated that had to make a decision in coming days whether debt brake suspension would also occur in 2022 - Italy Viva Party leader Renzi stated that Draghi was the best person for the Prime Minister position