… fall 1.5% , amid "caution" before next week's central bank meeting (on down days it's " rate cut caution " on up days its " rate cut speculation "), Malaysian shares ( EWM ) drop 0.61% in Kuala Lumpur, and Philippine stocks ( EPHE …
… shares climbed to a 19-month high on Thursday, bucking the regional trend, as investors encouraged by an interest rate cut this month piled into large caps. The main stock index rose 0.42 percent, or 27.23 points, to close at 6,488 …
… move away from the ECB’s 0% deposit rate and towards the ECB’s 0.5% main refinancing rate. A further interest rate cut therefore seems likely as we believe the economic outlook does not warrant an endogenous tightening in ECB monetary policy …
… recently cut its main interest rate to a record low but the first-quarter GDP contraction strengthened the case for another rate cut soon. Similarly, the Markit Euro-zone Composite Purchasing Managers’ Index (PMI), which tracks activity in the region …
… sector) as new finance minister . Elsewhere in the region, Thai equities ( THD +1.4% ) once again get a boost from rate cut speculation as the SET jumps 0.95% . The Bank of Thailand may use a lower-than-expected read on Q1 GDP (5.3 …
* Q1 GDP q/q -2.2 pct vs poll -0.8 pct, revised +2.8 pct in Q4
LONDON, May 17 (Reuters) - The European Central Bank keeps the option of a deposit rate cut on the table, but it is not certain to use it, ECB policymaker Yves Mersch said on Friday.
* Spain, Italian yields extend fall after supply this week
* San Francisco Fed's Williams says Fed could end QE this year
LONDON, May 17 (Reuters) - German Bund futures extended gains on Friday with traders citing market talk that the European Central Bank had checked some banks' preparedness to handle a potential cut...