Awaiting Russia-Ukraine talks
- Russia-Ukraine situation still impacting the sentiment; awaiting talks between parties. - Major EU PMI Services data mixed in session (Beats: Italy,
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- Russia-Ukraine situation still impacting the sentiment; awaiting talks between parties. - Major EU PMI Services data mixed in session (Beats: Italy,
- Risk aversion flows pick up as EU pondered impact from sanctions against Russia on economic growth and inflation. - Markets continue to push back ex
- 05:10 (EU) Daily ECB Liquidity Stats - - 05:30 (HU) Hungary Debt Agency (AKK) to sell 12-month Bills - 05:30 (GR) Greece Debt Agency (PDMA) to sell 13-week Bills ) - 06:00 (IE) Ireland Feb Unemployment Rate: No est v 5.8% prior - 06:00 (CZ) Czech Republic to sell combined CZK14B in 2027, 2031 and 2036 bonds - 06:00 (RU) Russia OFZ Bond auction (if any) - 06:45 (US) Daily Libor Fixing - 07:00 (US) MBA Mortgage Applications w/e Feb 26th: No est v -11.4% prior - 07:00 (BR) Brazil Q4 GDP Q/Q: 2.8%e v 7.7% prior; Y/Y: -1.6%e v -3.9% prior; GDP 4 Quarters Accumulated: -4.2%e v -3.4% prior
- - 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