More from BOE’s Pill saying:
Meanwhile UK CPI inflation is up at 10.5% with core inflation at 6.3%. The next CPI data will be released on February 15th
BOE Pill is speaking:
The GBPUSD has moved to a new recession low and in the process as entered into the swing area between 1.1991 and 1.2010. Dip buyers can lean against the low of the range.
The Bank of Canada does a quarterly survey of market participants and this offers a decent look at where the consensus is.
If they actually end up walking back on their 50 bps rate hike commitment, markets are going to have a field day and I can’t imagine there being a worse communication failure on the part of the ECB. Core inflation remains high and that will be reason enough to seal this move but this sort of language will continue to raise doubts about what comes after March.
Coming up at 0840 GMT, which is 3.40am US ET:
The calendar lists Mann as speaking twice today. I haven’t seen the second speech listed anywhere else so I suspect its going to be just the one speech today.
I’ve also seen some reports that Bank of England chief economist Huw Pill is to speak Monday. I don’t have that info, I have him speaking on Tuesday. I could be wrong though.
Bank of Japan Governor Kuroda
Kuroda is speaking in Japan’s parliament today.
more to come
Japan deputy chief cabinet secretary Isozaki statement:
deputy gov Amamiya sounded out for the next BOJ governor job
ICYMI, this from earlier:
Speculation regarding BOJ Dep Gov Amamiya being approached to become the new gov. once Kuroda’s term expires on April 8:
USD/JPY down a little on this.
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