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Here's the speech link and the pertinent parts Here's the main important part of the speech. "The Committee will make an initial assessment on 14 July, and a full assessment complete with a new forecast will follow in the August Inflation Report...
Banks
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Sherif Hasan, 30 June 2016, 17:33
BOE's Carney impromptu speech Economic outlook worse MPC will make initial assessment at July 14th meeting and make a decision at August meeting Uncomfortable truth that the BOE cannot fully offset a large economic shock from leaving the EU BOE will hold ILTR repo operations weekly rather than mo...
Banks
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Sherif Hasan, 30 June 2016, 17:29 #Bank of England
BOE governor Mark Carney delivers a post-Brexit market update today 30 June Carney is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the EU, his second response since the Brexit result. BoE says Carney will deliver a speech at 15...
Banks
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Sherif Hasan, 30 June 2016, 07:10
European Central Bank vice-president Constancio talking to CNBC 29 June Inspired. Just where does he pull these huge insights from?! must wait some days to see market development post- Brexit fundamentals have not changed for banks after Brexit Thanks for popping in. See yourself out...
Banks
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Sherif Hasan, 29 June 2016, 08:23 #ECB
PIMCO on the Brexit vote and what it means for BoE policy in the near and medium terms: Near term: The UK economy will be pulled lower by uncertainty We expect the Bank of England to cut the official interest rate to zero If it feels the need to do more, we expect a reintroduction of quantitative...
Banks
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Sherif Hasan, 25 June 2016, 07:43
Ewald Nowotny having his say We have hundreds of millions of euros to use against insufficient liquidity Is seeing stabilisation in markets after initial surprise If banks have Brexit trouble we will provide liquidity For now the initial reaction looks to have run its course...
Banks
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Sherif Hasan, 24 June 2016, 13:00 #ECB
Swiss National Bank confirm they have been active during Brexit outcome 24 June 2016 will continue to monitor and act when necessary No surprises as I highlighted the base case scenario in one of my earlier posts. On EURCHF I wrote: "While 1...
Banks
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Sherif Hasan, 24 June 2016, 12:57 #eurchf
With increased volatility expected in the coming days due to the EU Referendum on June 23, 2016, many traders are expecting potential trading opportunities...
Law/Regulations
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Jose Lourenco Claudio Junior, 23 June 2016, 20:04
BOJ board member Kiuchi speaking to reporters 23 June 2016 lower borrowing costs from neg rates aren't leading much to increase in bank lending Another central banker who foolishly believes that cheap money will be lent by banks rather than shoring up their defences...
Banks
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Sherif Hasan, 23 June 2016, 08:06
Comments from Bank of Japan Governor Kuroda Kuroda speaking on a television program aired today. Headlines via Bloomberg : My personality is cautiously optimistic (That may be from his Tinder profile) Fiscal policy results don't always turn out as expected...
Banks
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Sherif Hasan, 22 June 2016, 06:54
More from Yellen Households are in much improved shape Low change US will be in recession at year-end Not likely Brexit will push US into recession Yellen is betting hard on the consumer...
Banks
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Sherif Hasan, 21 June 2016, 19:16
German Constitutional court rules on OMT cases Backs OMT program with caveats These were some other challenges made by various parties and came after the main case was passed from the German court to the European Court of Justice, which also found no problems with the OMT program...
Banks
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Sherif Hasan, 21 June 2016, 10:29 #ECB
Peoples Bank of China out with their latest report 21 June 2016 hopes to keep economic growth within reasonable range expects mild acceleration in inflation will strictly control addition of industrial capacity will proactively deal with zombie firms...
Banks
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Sherif Hasan, 21 June 2016, 10:27
Reserve Bank of Australia June meeting minutes out now Appreciation of AUD could complicate adjustment of economy to the lower terms of trade Board judged leaving rates steady at June 7 meeting was consistent with sustainable growth Low interest rates and weaker AUD since 2013 helped support abov...
Banks
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Sherif Hasan, 21 June 2016, 05:21
Reserve Bank of India governor over the wires 20 June 2016 India can't abandon inflation to focus on growth can't have it both ways, wanting lower inflation and lower rates The RBI governor very much on the front foot in the wake of his surprise announcement at the weekend not to serve a second t...
Banks
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Sherif Hasan, 20 June 2016, 15:04
Mr K on Bloomberg. Is he saying his cup is half full or half empty...
Banks
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Sherif Hasan, 20 June 2016, 10:53
BOJ governor Kuroda back across the wires 20 June 2016 inflation expectations observed in practice are highly sticky and change only slowly firmly stabilising inflation expectations at desired level represents and unprecedented difficult challenge changing deflationary mindset absolutely necessar...
Banks
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Sherif Hasan, 20 June 2016, 10:09
Says yen is gradually appreciating to 100 May reach 100 by the end of 2016 Thanks Sak, appreciate your input Headlines via Bloomberg 'Mr. Yen' Eisuke Sakakibara, former Vice Finance Minister and in charge of intervention at Japan's Ministry of Finance from 1997 to 1999...
Banks
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Sherif Hasan, 20 June 2016, 06:16
At the risk of alerting the paparazzi, eager to snap pics of Janet Yellen at any opportunity Yellen to appear in the US Congress twice this week ... its "The Semiannual Monetary Policy Report to the Congress...
Banks
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Sherif Hasan, 20 June 2016, 06:14
Bank of Japan Governor Kuroda is due to speak today, at Keio University in Tokyo No topic listed, nor a starting time. So, he could say ANYTHING! at ANYTIME! OMG What else? 2200GMT - New Zealand - Westpac with Q2 Consumer confidence (prior 109.6...
Banks
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Sherif Hasan, 20 June 2016, 06:03