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Brace For Extremely Busy Week: Fed, GDP, CPI, Biden Tax Plans And Earnings Galore


by Tyler Durden
Monday, Apr 26, 2021 - 09:10 AM
Buckle up for an extremely busy week dotted with a flood of tech earnings, central banks galore and a the latest US GDP and CPI prints.
The Federal Reserve (Weds) and the Bank of Japan (Thurs) are both making their latest policy announcements with the former the obvious focal point for the week, even if the outcome will likely be uneventful (unlike the June meeting when the Fed is likely to hint at tapering for the first time). On top of that, there are an array of earnings releases, including 180 companies in the S&P 500. Tesla today might be one of the more headline grabbing ones but to be honest there are plenty of them. Meanwhile President Biden will give his first speech to a joint session of Congress (Weds) and finally, there are some important data releases, including the first look at Q1 GDP for the US (Thurs) and the Euro Area (Fri). ....

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Canadian Drama: Loonie Dumps And Pumps On Headline Chaos As BOC Tapers Bond Purchases, Moves Up Rate Guidance


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Canadian Drama: Loonie Dumps And Pumps On Headline Chaos As BOC Tapers Bond Purchases, Moves Up Rate Guidance
by Tyler Durden
Wednesday, Apr 21, 2021 - 10:15 AM
There was a lot of market drama ahead of - and during - this morning s Bank of Canada announcement.
About 9 minutes before the 10am press release, Bloomberg blasted what appears was a fat fingered (and false) MT Newswires headline which said
Bank of Canada Maintains Its QE Purchases , which was a shock to consensus expectations that the BOC would
taper its QE by C$1BN (not because it wants to but because it has to). ....

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It's Friday, Brace For Bouts Of Volatility

It's Friday, Brace For Bouts Of Volatility
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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