April 2020
Fabio Panetta: Why we all need a joint European fiscal response
Contribution by Mr Fabio Panetta, Member of the Executive Board of the European Central Bank, published by Politico on 21 April 2020.
Asian Stocks Higher, Crude Oil Stabilize
In commodities markets, Brent oil price rebounds for the second day. Brent is 8.04% higher at $22.43, while the WTI crude oil is 10.09% higher at 15.17.
RBA: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion with a review of the information available on the spread of the novel coronavirus disease (COVID-19).
APRA Commences New Data Collection to Assess Temporary Early Release of Superannuation Scheme
APRA is launching a new data collection to assess the progress and impact of the Government’s temporary early release of superannuation scheme.
Reserve Bank proposes to remove LVR restrictions
The Reserve Bank is proposing the removal of mortgage loan-to-value ratio (LVR) restrictions in line with the Bank’s financial stability mandate.
SEC Issues $5 Million Whistleblower Award
Securities and Exchange Commission announced a $5 million award to a whistleblower who provided significant information that led to a successful action.
SEC Orders Three Self-Reporting Advisory Firms to Reimburse Investors
SEC announced settled charges against two advisers that self-reported as part of the Division of Enforcement’s Share Class Selection Disclosure Initiative.
Banco de Mexico: Monetary Policy Statement
Banco de México’s Governing Board decided to lower the target for the overnight interbank interest rate by 50 basis points to 6%.
AUDUSD Higher on Strong Retail Sales, Asian Markets Mixed
AUDUSD trades sharply higher after better than expected retail sales data. The retail sales increased by 8.2% in March as consumers stockpile groceries.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.