The start of QE should keep the mood upbeat in the FI space, with ongoing spread tightening in the periphery and bull flattening on the German curve. Unicredit notes in a report on Monday: ECB president Mario Draghi's st…
The start of QE should keep the mood upbeat in the FI space, with ongoing spread tightening in the periphery and bull flattening on the German curve.
Unicredit notes in a report on Monday:
ECB president Mario Draghi's statement that the central bank will buy bonds at negative yields up to the depo means that the reserve price is still far from current market levels and this should provide room to buy what they have pledged to.
A second implication is that, with the Schatz already trading at -0.20%, all the upside is at longer tenors
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
