- 05:20 (EU) Daily ECB Liquidity Stats.
- 05:30 (DE) Germany to sell combined €6.0B in 3-month and 9-month Bubills.
- Sells €B vs. €3.0B indicated in 3-month BuBills; Avg Yield: % v -0.6372% prior; Bid-to-cover: x v 2.07x prior (Apr 6th 2021).
- Sells €B vs. €3.0B indicated in 9-month BuBills; Avg Yield: % v -0.6472% prior; Bid-to-cover: x v 1.55x prior (Apr 6th 2021).
- 05:30 (NL) Netherlands Debt Agency (DSTA) to sell €2.0-4.0B in 3-month and 6-month bills.
- 05:30 (ZA) South Africa announces details of upcoming I/L bond sale (held on Fridays).
Bonds
- 06:00 (IL) Israel to sell bonds.
- 06:00 (RO) Romania to sell Bonds; Avg Yield: % v % prior; bid-to-cover: x v x prior.
Easter Monday holiday in Europe keeps participation limited fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
-
-
Speakers
-
German Chancellor Merkel said to be under pressure to lay out a path to ease Germany’s coronavirus lockdown
-
France Fin Min Le Maire stated that he was not concerned about the recent increase in borrowing rates. Govt had spent €16B of the stimulus plan. Would not raise taxes or tax household savings
-
BOJ said to be prepared to defend Yield Curve (YCC) range before its March policy review. BOJ had no pre-set level for stopping yield rise and would depend on the speed of gains. Could act before yield hits 0.3%
-
Currencies/Fixed Income
Grand Rapids Business Journal
News of two effective vaccines, presidential election outcome buoyed fourth-quarter optimism.
The Citizens Business Conditions Index showed a second consecutive quarter of economic gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases.
Citizens which is based in Providence, Rhode Island, and has branches in Michigan and 10 other states published its fourth-quarter Business Conditions Index on Feb. 4. The national index rose modestly to 61.4 in the final quarter of 2020, up from 61.2 at the end of the third quarter, showing a continuing rebound after the impact of the COVID-19 pandemic put downward pressure on the index earlier in 2020.
The national Citizens Business Conditions Index™ posted a second consecutive quarter of gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases.The Index rose modestly to 61.4 in the final quarter of 2020, up from 61.2 at the end of the third quarter.