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Equities: Mixed signals as risk story shifts – BNY
BNY’s Bob Savage says global equities are posting another weekly gain, led by technology, even as Oil and the Dollar rise and risk-off momentum in iFlow accelerates. Equity outflows have intensified overall, but flows into core government bonds remain resilient.Fxstreet
Fri, May 22
BoJ’s Ueda: Agreed that BOJ and government will continue to coordinate closely
Bank of Japan (BoJ) Governor Kazuo Ueda said after a meeting with Japan’s Prime Minister (PM) Sanae Takaichi that both the central bank and government will continue to coordinate closely. Ueda added, “The meeting was beneficial to all parties.”Fxstreet
Fri, May 22
Lagarde speech: Long-term inflation expectations broadly well-anchored
European Central Bank (ECB) President Christine Lagarde said on Friday that the long-term inflation expectations remain "broadly well-anchored," and reiterated that they are particularly attentive to the second-round effects.Fxstreet
Fri, May 22
Germany's IFO Business Climate unexpectedly improves to 84.9 in May vs. 84.2 estimates
The German IFO Institute Business Climate Index has unexpectedly improved to 84.9 in May, while it was expected to arrive lower at 84.2. The sentiment data in April has revised higher to 84.5 from 84.4.Fxstreet
Fri, May 22
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