1. Turkey End Year CPI Forecast
We will focus on Turkey Inflation expectations in April. The end-year inflation expectation was 15.65% in the previous...
Germany April flash manufacturing PMI 44.5 vs 45.0 expected
Now, we will focus on Eurozone Manufacturing PMI Number
It is not yet the time for the Governing Council to introduce tiering on rates.
We should not use tiering to keep rates permanently low.
The German ZEW headline numbers for April showed that the economic sentiment index jumped to 3.1 versus 0.8 expectations and -3.6 last. While the sub-index current conditions figure declined sharply t...
The UK wages including bonuses rose by 3.5% y/y compared to 3.5% y/y expected. The UK unemployment rate steadied at 3.9% in February.
Urges the UK to use the extra time in the best way possible
Says that there will be no re-opening of the withdrawal agreement
Says EU27 can make changes to the political declara...
1. UK Unemployment Rate
The UK Unemployment Rate will be important for Sterling today. It is expected to stay at 3.9% in February, the same as the previous reading. A lo...
Russia and OPEC+ are ready for cooperation
Watching market closely
Russia is against uncontrollable increase of oil prices
We are generally ok with current oil prices
Trump says 'will now put tariffs on $11 billion of EU products'
Says that Macron wants quarterly checks to confirm the extension
Includes possibility of cutting extension short if the UK isn't respecting its commitments
Also wants the other...
Hopes UK cross-party talks have a positive outcome
Declaration on future ties could be improved
Could change future ties document within hours
EU needs a roadmap for B...
The German government has denied that Chancellor Merkel would accept a time limit to the backstop
Brexit: Germany's Merkel said to be willing to put five-year time limit on Irish backstop
It's a very frustrating situation
Cross-party talks begun too late and have yet to produce results
Unfortunately, conditions set by European leaders for extension are not met ye...
The US Job Openings and Labor Turnover survey (JOLTs) comes out today
On average, economists expect that the job vacancies ease to 7.550 million in February from 7.581...