-
A hike, but what's next?: ECB post-meeting comment
The 25bp rate hike was pretty much a done deal prior to the meeting. So, the main question we, markets, and reporters had for Lagarde today was: “What’s next?” The ECB president did not answer that question explicitly, but that was to be expected. On balance, the statement was neutral. The ECB’s new “robustness check” supports our call for a follow-up hike in September. Lagarde emphasised that this 25bp rate hike was robust across multiple scenarios. Her comments suggest that some further tightening may be forthcoming, but the ECB also doesn’t appear to be in a rush to follow up on today’s hike. ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @FirstSquawk|4 hr ago|3 commentsAccording to U.S. officials, Iran is believed to be targeting ships passing through the Strait of Hormuz, although vessel traffic remains uninterrupted. American official: The US military shot down two Iranian drones
From zerohedge.com|4 hr agoA widow who was told her Social Security funds were being used to support terrorism nearly lost $700,000 in a gold scam, according to WOOD ABC 8. The fraudsters convinced her to ...
From thegoldforecast.com|5 hr agoGold futures opened Thursday’s session in a state of near-complete inertia. For the first eight hours of trading, price action was essentially flat, printing two consecutive doji ...
-
- Newer Stories
From brecorder.com|2 hr 49 min agoGold prices edged lower on Friday and were on track for a weekly loss amid inflation concerns and potential US Federal Reserve interest rate hikes. Spot gold was down 0.3% at ...
From @Trade_The_News|2 hr 40 min ago|3 comments(IR) Iran-US MOU would extend ceasefire for 60 days - Axios (More at ) What's in the Iran deal Trump says he's ready to sign. A diplomat involved in the mediation walked me through the latest draft & said "the U.S. & Iran have agreed on the text of a deal" but noted it still needs final sign-off. My story on @axios
From cmegroup.com|2 hr 11 min agoCME Group, the world's leading derivatives marketplace, today announced that it will offer 24/7 trading for new, smaller-sized crude oil and gold contracts, pending regulatory ...
- Story Stats
- Jun 11, 9:33pm | 3 hr ago Posted byFundamental Analysis663
- Linked events:
- Instrument:
- 5 traders viewing now, 1 is registered:
