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URGENT-Fed's Waller: Don't expect current oil price shock to have persistent impact on inflation - BBG TV
WASHINGTON, March 6 (Reuters) - Rising gas prices following the U.S. launch of airstrikes against Iran may be a shock to consumer, but the global jump in oil prices is not likely to lead to persistent inflation or warrant a change in monetary policy, U.S. Federal Reserve Governor Christopher Waller ...Reuters
Fri, Mar 6
Brazil's industrial output beats expectations in January
SAO PAULO, March 6 (Reuters) - Industrial production in Brazil rose more than expected in January from December, government statistics agency IBGE said on Friday, despite high interest rates weighing on Latin America's largest economy. Production rose 1.8% in January, IBGE said. ...Reuters
Fri, Mar 6
House committee chair wants testimony from Fed's Powell soon
March 6 (Reuters) - The head of the House Financial Services Committee on Friday told Bloomberg TV that he hoped that the first of the twice-yearly updates to Congress from the chair of the Federal Reserve will occur soon.That testimony, due to be delivered by outgoing Chair Jerome Powell, has yet t...Reuters
Fri, Mar 6
Fed's Waller: Spike in gas prices unlikely to cause sustained inflation
In an interview with Bloomberg TV on Friday, Federal Reserve (Fed) Governor Christopher Waller said that people will see a spike in gas prices but added that this situation is unlikely to cause sustained inflation.Fxstreet
Fri, Mar 6
Energy support measures could challenge France, Britain's finances, Fitch says
By Yoruk Bahceli LONDON, March 6 (Reuters) - Fitch Ratings is watching whether European governments will need to roll out support measures to tackle higher energy prices, a move that could add to fiscal pressures in the likes of France and Britain, a senior analyst told Reuters on Friday. Oil and...Reuters
Fri, Mar 6
USD: Payrolls and retail data steer curve – TD Securities
TD Securities analysts expect February US Nonfarm Payrolls to slow to 60k, with the Unemployment Rate steady at 4.3%. They also look for a 0.2% monthly rebound in January Retail Sales. They anticipate modest bear flattening in US yields as markets stay focused on geopolitics and incoming data.Fxstreet
Fri, Mar 6
Markets price in a more than 50% chance of one ECB rate hike by July
German 2-year yields set for biggest weekly rise in almost 3 yearsInvestors are awaiting remarks from ECB’s Isabel Schnabel later in the sessionStrategists say it's too early to price additional rate hikesBy Stefano Rebaudo March 6 (Reuters) - Money markets increased their bets on further Eur...Reuters
Fri, Mar 6
ECB unlikely to change rates in next meeting, Escriva says
Escriva sees some impact on prices though limited for nowSays what matters more is mid-term impact on inflationToo early to see impact from halt of US trade with SpainSees no reason why Santander's Webster deal should be affected By Jesús Aguado MADRID, March 6 (Reuters) - The European Centra...Reuters
Fri, Mar 6
Greek Q4 unemployment rises to 8.3%
March 6 (Reuters) - Greece's jobless rate rose to 8.3% in the fourth quarter from 8.2% in the third quarter, data by the country's statistics service ELSTAT showed on Friday.The jobless rate for women was 10.8% versus 6.3% for men in the fourth quarter.About 58% of Greece's 394,894 joble...Reuters
Fri, Mar 6
