News
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Cheaper European Gas diverts Qatari LNG toward India – Commerzbank
Lower European Gas prices (TTF) are having an impact: according to an analysis of ship tracking data by Bloomberg, LNG shipments from Qatar have recently been diverted away from Europe to India, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Fri, Dec 12
Fed’s Hammack: Committed to achieving Fed's 2% inflation target
Federal Reserve (Fed) President of the Bank of Cleveland, Elizabeth Hammack, said on Friday that the lack of data during the shutdown made it harder to read inflation. She also said that she is very grateful that the government data returned.Fxstreet
Fri, Dec 12
Fed's Hammack would prefer tighter policy given too high inflation
NEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday that given her own take on the economy she would prefer monetary policy to be tighter than it is currently.The Fed’s rate cut this week along with past easings this year has interest rate policy “right ...Reuters
Fri, Dec 12
Fed's Paulson: Not seeing tariffs generating widespread inflation
Dec 12 (Reuters) - Tariffs can lift some input costs but are not leading to widespread inflation, Federal Reserve Bank of Philadelphia President Anna Paulson said on Friday."The standard economic analysis is that tariffs are going to lower growth a little, they're going to raise prices, but ...Reuters
Fri, Dec 12
Fed's Goolsbee: Reappointment of regional presidents was made after a "very robust" review
WASHINGTON, Dec 12 (Reuters) - Chicago Fed President Austan Goolsbee said the reappointment of the Fed's regional bank presidents to new 5-year terms this week followed a "very robust" review of their job performance and followed the typical schedule.Asked if the reappointments, announce...Reuters
Fri, Dec 12
RPT-Fed's Schmid says he dissented because inflation is too hot, policy should be modestly restrictive
By Howard SchneiderWASHINGTON, Dec 12 (Reuters) - Kansas City Federal Reserve President Jeffrey Schmid said he dissented against the central bank's quarter point rate cut this week because inflation is "too hot" and monetary policy should remain modestly restrictive to keep it in check.&...Reuters
Fri, Dec 12
Russian central bank says EU plans to use its assets are illegal
Central bank says it's suing Euroclear in Moscow courtEU plans to use seized Russian assets to help Ukraine Central bank's Russian lawsuit seen as symbolicRussia could also act to seize EU private assets By Gleb Bryanski and Elena Fabrichnaya MOSCOW, Dec 12 (Reuters) - Russia's centra...Reuters
Fri, Dec 12
Fed’s Paulson: Inflation too high, job market bending, but not breaking
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that the rate cuts have ‘taken out some insurance’ against job market risks and that the current Fed policy, ‘somewhat restrictive,’ should moderate inflation at the Delaware State Chamber of Commerce, in Wilmington, on Friday.Fxstreet
Fri, Dec 12
Fed's Schmid says dissented because inflation is too hot, policy should be modestly restrictive
By Howard SchneiderWASHINGTON, Dec 12 (Reuters) - Kansas City Federal Reserve President Jeffrey Schmid said he dissented against the central bank's quarter point rate cut this week because inflation is "too hot" and monetary policy should remain modestly restrictive to keep it in check.&...Reuters
Fri, Dec 12
Fed’s Goolsbee: Inflation has been above target for four and a half years
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Friday that waiting would have provided the benefit of the updated economic data, and most data show stable economic growth, with the labor market only moderately cooling.Fxstreet
Fri, Dec 12
Fed's Paulson says monetary policy still working to cool inflation
By Michael S. DerbyNEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Philadelphia President Anna Paulson said Friday her main concern right now is the state of the job market, in remarks that also said the current state of monetary policy should help bring down inflation to the Fed’s 2% target.“O...Reuters
Fri, Dec 12
Fed's Goolsbee says dissent was in favor of waiting for more data, would have entailed little risk
By Howard SchneiderWASHINGTON, Dec 12 (Reuters) - Chicago Fed President Austan Goolsbee said Friday that he dissented against the central bank's recent quarter-point rate cut because he felt it was better to wait for additional data about inflation and the state of the job market before lowering...Reuters
Fri, Dec 12
Morning News Call - Canada, December 12
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 Building Pe...Reuters
Fri, Dec 12
REFILE-German government bond yields edge up toward 9-month highs
German bond yields rise as investors anticipate euro zone rate hikeECB not expected to deliver any change in ratesUS rate cuts widen opportunity for euro debt investments, strategists sayBy Amanda Cooper and Stefano Rebaudo LONDON, Dec 12 (Reuters) - German government bond yields rose on Friday a...Reuters
Fri, Dec 12
