Page 36 - Key Themes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Currencies/Fixed Income - Slightly higher US yields helped to stabilize the USD but the greenback remained on track to register its fourth straight weekly decline and its longest weekly streak of losses since last July. The USD softness being attributed to Fed Chief Powell's acknowledgment that it needed further evidence of "substantial further progress" toward recovery to warrant a change to its ultra-loose monetary settings. - EUR/USD brushed aside various Q1 GDP readings and ignored the prospect of a double-dip recession in the region. Dealers appeared to be looking at recent data reports ...

Speakers - ECB’s De Guindos (Spain) stated that was expecting a strong activity increase in H2. Inflation could be above 2% by end-2021 due to temporary factors. Saw moderation in inflation in 2022. Reiterated stance that best to err on the side of caution on when to begin removing stimulus. - ECB's Elderson (Netherlands; SSM member) stated that banks need to play pivotal role in 'greening' economy. - - Turkey Central Bank (CBRT) Gov Kavcioglu QIR press conference reiterated stance to maintain a tight monetary policy as it would act as a buffer. Increasing global inflation expectations ...

- (EU) Daily ECB Liquidity Stats. - 05:30 (DE) Germany to sell €4.0B in 12-month Bubills. - 05:30 (ZA) South Africa announces details of upcoming I/L bond sale (held on Fridays). - 06:00 (IL) Israel Mar Unemployment Rate: No est v 5.1% prior; Unemployment Rate 9including Covid): No est v 16.7% prior. - 06:00 (IL) Israel Feb Manufacturing Production M/M: No est v -0.5% prior. - 06:00 (IL) Israel to sell bonds. - 06:00 (RO) Romania to sell RON500M in 4.15% 2028 Bonds. - 06:45 (US) Daily Libor Fixing. - 07:00 (MX) Mexico Feb IGAE Economic Activity Index (Monthly GDP): M/M: 0.1%e v 0.1% prior; ...

- (DK) - (SE) - (UK) DMO sold £2.5B in 0.625% July 2035 Gilts; Avg Yield: 1.105% v 1.179% prior; bid-to-cover: 2.46x v 2.64x prior; Tail: 0.2bps v 0.1bps prior. Looking Ahead - 05:20 (EU) Daily ECB Liquidity Stats. - - 05:30 (PT) Portugal Debt Agency (IGCP) to sell €1.0-1.25B in 3-month and 12-month Bills. - 06:30 (UK) BOE Gov Bailey. - 05:30 (ZA) South Africa announces details of next bond auction (held on Tuesdays). - 06:00 (CZ) Czech Republic to sell 2024, 2032 bonds. - 06:45 (US) Daily Libor Fixing. - 07:00 (RU) Russia OFZ Bond auction (if any). - 07:00 (US) MBA Mortgage Application...

- 05:30 (DE) Germany to sell combined €6.0B in 6-month and 12-month Bubills. - 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). - 06:00 (IL) Israel Mar Trade Balance: No est v -$2.8B prior. - 06:00 (PT) Portugal Mar PPI M/M: No est v 0.0% prior; Y/Y: No est v -2.0% prior. - 06:00 (IL) Israel to sell bonds. - 06:00 (RO) Romania to sell RON500M in 2.5% 2027 Bonds. - 06:45 (US) Daily Libor Fixing. - 07:00 (BR) Brazil Apr IGP-M Inflation (2nd Preview): 0.8%e v 3.0%...