Page 6 - Excess Reserves News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. Shell Looks To Accelerate Emission Cuts After Court Ruling Shell is looking at ways to cut emissions by more than it has planned, although it disagrees with the recent Dutch court ruling and plans to appeal, chief executive officer Ben van Beurden said on Wednesday. Two weeks ago, the...

Expand With Fed's Reverse Repo Hitting Half A Trillion, Wall Street Scrambles To Figure Out What Comes Next by Tyler Durden Wednesday, Jun 09, 2021 - 11:46 AM With usage of the Fed's overnight reverse repo facility again hitting a new record high on Tuesday, rising to an all-time high of $497.4 billion... ... rates traders are trying to decide if the Fed will tweak the rate on either the IOER (Interest on Excess Reserves) or the Reverse Repo Facility, collectively the Fed's "administered rates" in order to ease the liquidity congestion that has parked half a trillion dollars at the Fed where ...

by Tyler Durden Tuesday, Jun 01, 2021 - 12:46 PM One month after the Fed's key benchmark "administered" rate - the effective Fed Funds rate - hit the second lowest on record, or 0.05%, only to stage a modest increase for in the month of May when it traded at 0.06% for most of the month, overnight the closely watched EFF dipped once again, inching back closer to zero overnight, and is just 1 basis point away from the lowest print ever. The effective fed funds rate, which the central bank is currently aiming to keep within a range of 0% to 0.25%, slipped by 1 basis point to 0.05% on May 28, t...

All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They shouldn’t be, as it was predicable. However, they will need to get bigger charts to make room for it. Notice where the last ten data points for the increase in inflationary  surprises are located (look up to the far, top right corner of the chart): The chart shows U.S. inflation data surprises at their highest in the 20-year history of the series, said strategist Jim Reid, referring to a note by equity strategist Parag Thatte. 

- (LX) - (GR) Greece Debt Agency (PDMA) opened book to sell EUR-denominated 30-year bond via syndicate; guidance seen +160bps to mid-swaps - (DK) Looking Ahead - 06:00 (EU) Euro Zone Feb Final CPI Y/Y: 0.9%e v 0.9% advance; CPI Core Y/Y: 1.1%e v 1.1% advance; CPI M/M: 0.2%e v 0.2% advance - 06:00 (EU) Euro Zone Jan Construction Output M/M: No est v -3.7% prior; Y/Y: No est v -2.3% prior - 06:00 (GR) Greece Dec Unemployment Rate: No est v 16.2% prior - 06:00 (CY) Cyprus Feb CPI Harmonized M/M: No est v -0.8% prior; Y/Y: No est v -0.8% prior