Page 34 - Key Themes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

6/1/2021 10:41:16 AM GMT Notes/Observations - Euro Zone inflation tests above ECB target for 1st time since Nov 2018. - Euro Area PMI Manufacturing data continues to be at or near record highs (Beats: Euro Zone, Germany, France, Italy, Spain; Misses: UK). Asia: - RBA kept its policy steady (as expected) with Cash Rate Target unchanged at 0.10% and 3-year Yield Control maintained at 0.10%. The reiterated stance was committed to maintaining highly supportive monetary conditions to support a return to full employment and inflation consistent with the target. The reiterated stance that conditions...

5/31/2021 10:18:36 AM GMT Notes/Observations - CPI reading from Spain and Germany saw the YoY above ECB target level. - Various German States saw their May inflation data registered its biggest increase since fall 2018 mainly due to the base effect from higher energy prices. - China PBoC takes action to curb recent CNY currency strength. - US and UK markets closed for holidays. Asia: - China May Manufacturing PMI (Govt Official) registered its 14th month of expansion (51.0 v 51.1e). - China PBOC sets the Yuan reference rate at 6.3682 for its strongest fixing since mid-May 2018). - Former Chin...

- EU confidence data improving as vaccinations seen allowing the reopening of the economies in the region (Germany, Sweden, and Italy during the sessi

- (NL) Netherlands Debt Agency (DSTA) sold €1.7B vs. €1.0-2.0B indicated range in 2.75% Jan 2047 DSL bonds; Avg Yield: 0.406% v 0.067% prior. Looking Ahead - (IL) Israel Apr Leading 'S' Indicator M/M: No est v 0.5% prior. - (EU) Daily ECB Liquidity Stats. - 05:15 (CH) Switzerland to sell 3-month Bills. - 05:30 (HU) Hungary Debt Agency (AKK) to sell 3-Month Bills. - 05:30 (DE) Germany to sell €4.0B in 12-month Bulls. - 05:30 (EU) ECB allotment in 7-Day Main Refinancing Tender (MRO). - 05:30 (ZA) South Africa to sell combined ZAR3.9B in 2030, 2032, and 2035 bonds. - 06:00 (UK) May CBI Re...

- Sanofi [SAN.FR] +1%, - Speakers - EU's Vestager noted that it was too early to consider a 2nd economic recovery package for the region. - Hungary Central Bank Dep Gov Virag stated that saw many signs of inflation in the economy with upward risks rising. MPC to be proactive in addressing inflation and stressed that maintenance of price stability would be key. Saw inflation back within range by summer. - - Russia Central Bank Dep Gov Zabotkin stated that monetary policy should return to neutral (**Note: Neutral level for rates seen between 5.0-6.0% area with the One-Week Auction Rate c...