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RBNZ: A pre-emptive 50bp cut – ING
The Reserve Bank of New Zealand (RBNZ) announces monetary policy overnight (0200 BST), and both markets and consensus are leaning in favour of a 50bp rate cut.
Fxstreet
Tue, Oct 8
ECB’s Vasle: An interest-rate cut in October is an option
European Central Bank (ECB) Governing Council member Bostjan Vasle said on Tuesday that “an interest-rate cut in October is an option.” Further comments Inflation risks are abating but there is still some uncertainty.
EUR/USD
Fxstreet
Tue, Oct 8
Spain 3-Month Letras Auction: 3.054% vs 2.822%
Spain 3-Month Letras Auction: 3.054% vs 2.822%
Fxstreet
Tue, Oct 8
Spain 9-Month Letras Auction declined to 2.839% from previous 3.009%
Spain 9-Month Letras Auction declined to 2.839% from previous 3.009%
Fxstreet
Tue, Oct 8
ECB’s Kazaks: Data points to October interest rate cut
The European Central Bank (ECB) policymaker Martins Kazaks said on Tuesday, “data points to October interest rate cut.” Additional quotes Rates will fall and that will support the economy.
EUR/USD
Fxstreet
Tue, Oct 8
Fed’s Kugler: Will support additional rate cuts if progress on inflation continues as expected
Federal Reserve Governor Adriana Kugler said on Tuesday that it “will support additional rate cuts if progress on inflation continues as expected.” Additional quotes Want 'balanced approach' to make progress on inflation and avoid undesirable slowdown in job and economic growth.
Fxstreet
Tue, Oct 8
Austria Trade Balance increased to €855.3M in July from previous €488.5M
Austria Trade Balance increased to €855.3M in July from previous €488.5M
Fxstreet
Tue, Oct 8
France Current Account climbed from previous €-1.2B to €-0.6B in August
France Current Account climbed from previous €-1.2B to €-0.6B in August
Fxstreet
Tue, Oct 8
France Exports, EUR down to €49.657B in August from previous €49.798B
France Exports, EUR down to €49.657B in August from previous €49.798B
Fxstreet
Tue, Oct 8
France Imports, EUR rose from previous €55.682B to €57.028B in August
France Imports, EUR rose from previous €55.682B to €57.028B in August
Fxstreet
Tue, Oct 8
France Trade Balance EUR below forecasts (€-5.5B) in August: Actual (€-7.371B)
France Trade Balance EUR below forecasts (€-5.5B) in August: Actual (€-7.371B)
Fxstreet
Tue, Oct 8
Germany Industrial Production n.s.a. w.d.a. (YoY): -2.7% (August) vs -5.3%
Germany Industrial Production n.s.a. w.d.a. (YoY): -2.7% (August) vs -5.3%
Fxstreet
Tue, Oct 8
Germany Industrial Production s.a. (MoM) above expectations (0.8%) in August: Actual (2.9%)
Germany Industrial Production s.a. (MoM) above expectations (0.8%) in August: Actual (2.9%)
Fxstreet
Tue, Oct 8
ECB’s Elderson warns of economic growth risks materializing
Frank Elderson, Vice-Chair of the Supervisory Board, European Central Bank (ECB) warned of economic growth risks materializing, in an interview with the Slovenian daily, Delo, on Tuesday.
EUR/USD
Fxstreet
Tue, Oct 8
Fed’s Williams: I will be appropriate again to bring interest rates down over time – FT
In an interview with the Financial Times (FT) on Tuesday, New York Federal Reserve (Fed) President John Williams said "I personally expect that it will be appropriate again to bring interest rates down over time.” Williams said that he doesn't see the September move "as the rule of how we act in the future." "Right now, I think monetary policy is well positioned for the outlook, and if you look at the SEP [Summary of Economic Predictions] projections that capture the totality of the views, it's a very good
Fxstreet
Tue, Oct 8
Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.5%) in September
Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.5%) in September
Fxstreet
Tue, Oct 8
Netherlands, The Consumer Spending Volume: 0.7% (August) vs previous 1.1%
Netherlands, The Consumer Spending Volume: 0.7% (August) vs previous 1.1%
Fxstreet
Tue, Oct 8
RBA’s Hauser: When inflation stops being high and sticky the Bank will act
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser is speaking at the Walkley Foundation, in Sydney.
AUD/USD
Fxstreet
Tue, Oct 8
China’s NDRC: Downward pressure on Chinese economy increasing
The National Development and Reform Commission (NDRC), China’s state planner, said on Tuesday that “the downward pressure on China's economy is increasing.” Additional takeaways China's economy largely stable.
AUD/USD
Fxstreet
Tue, Oct 8
Japan’s Akazawa: Drop in real wages is not good news
Japan economy minister Ryosei Akazawa said on Tuesday that a decline in real wages for the first time in three months is not good news.
Fxstreet
Tue, Oct 8
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