Next Step for FINRA 360 “Listen, Reflect, and Action”
FINRA self-evaluation process will now involve listening, reflecting and action.
May 2019
USD Looking North to YTD High at 98.37
EURUSD consolidates around 1.1130 on trade tensions, patient Fed, and EU weakness. The pair now looks bearish and a move to 1.11 YTD low looks possible.
Bank of Canada maintains overnight rate target at 1 ¾ per cent
Bank of Canada today maintained its target for overnight rate at 1 ¾ per cent , bank Rate is 2 per cent and deposit rate is 1 ½ per cent.
New banknotes €100 and €200 start circulating today
New €100 and €200 banknote circulating today use new and innovative security features and are easy to check using the “feel, look and tilt” method.
Risk aversion on the rise as global bond yields continue to fall
European session started lower today as risk aversion has been on the rise following news that the EU is preparing to launch EDP against Italy in June.
Fed of New York to Replace Two Key Positions
John C. Williams, president and CEO, Fed New York, named Ray Testa as interim head of Markets Group and Chris Armstrong, as interim head of FSG.
Iron Ore Prices Rally, AUD gets a lift
US dollar trades flat to 97.65. The Aussie dollar trades higher supported by better Australian consumer confidence data and the rally in iron ore prices.
Fiscal policy from a monetary policy perspective
Economic Commentary “Fiscal policy from a monetary policy perspective” discusses research done in recent years and the debates on stabilisation policy.
Vitas Vasiliauskas: Central banks’ policy signals in informational noise
Speech by Vasiliauskas, Chairman, Bank of Lithuania, at fourth Annual Research Conference hosted by the National Bank of Ukraine ( ECB - Central Bank)
Claudia Buch: Evidence-based policy – potentials, infrastructures and the role of international organizations
Evidence based policy Speech by Prof Claudia Buch, Vice-President of Deutsche Bundesbank, at School of International Studies (ZIS), Dresden, 24 May 2019.
Olli Rehn: Impact of structural economic changes on monetary and macroprudential policies
Keynote speech by Mr Olli Rehn, Governor ,Bank of Finland, at 2019 RiskLab/BoF/ESRB Conference on Systemic Risk Analytics and economic changes.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.