(CEP News) - The German, ten-year Bund was down 37.0 ticks to 124.28 with yields up 3.8 bps to 3.05%, while the 10-year gilt was down 18.0 ticks to 122.05 with yields up 1.9 bps to 3.17% following the downside surprise in euro zone inflation in December. The euro was down 2.42 cents to 1.3393 USD.
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Posted by shina on January 6th, 2009 :: Filed under
Finance,
Market,
NewsTags ::
Bonds,
Bps,
Bund,
Cep,
Downside,
Euro Zone,
European News,
Inflation,
Market Recap,
Surprise,
Ticks
Tuesday is expected to bring new signs of deflationary pressures in the euro zone, but the European Central Bank (ECB) remains firmly focused on the spectre of inflation and stands ready to take aggressive action if needed.
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Posted by shina on January 5th, 2009 :: Filed under
EuropeTags ::
Aggressive Action,
Ahead,
Cpi,
Deflationary Pressures,
ECB,
Euro Bank,
Euro Zone,
Europe,
Inflation,
Pmi Euro,
Services Pmi,
Signs,
Spectre
(CEP News) Frankfurt - Ahead of Eurostat’s first euro zone inflation estimate release scheduled for Tuesday, economists say that consumer price growth in the euro zone likely slowed further in December to a level below 2% due to falling energy prices and an economic downturn.
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Posted by shina on January 5th, 2009 :: Filed under
EuropeTags ::
Cep,
Economic Downturn,
Economists,
Energy Prices,
Euro Zone,
Eurostat,
Frankfurt,
Inflation
(CEP News) - Japanese inflation is expected to continue its path downwards in November, levelling off on falling food and gas prices - proven now to be the root cause of decade-high inflation over the summer, economists say.
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Posted by shina on December 24th, 2008 :: Filed under
AsiaTags ::
Cep,
Decade,
Economists,
Food Prices,
Gas Food,
Gas Prices,
Inflation,
Path,
Root Cause
(CEP News) - Speaking to local news organization RTE, Irish Central Bank Governor John Hurley said that the euro zone economy will contract in 2009 and that inflation will slow.
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Posted by shina on December 23rd, 2008 :: Filed under
EuropeTags ::
Central Bank Governor,
Cep,
ECB,
Economy,
Euro Zone,
Governor John,
Inflation,
John Hurley,
Local News,
News Organization,
Rte
(CEP News) - European Central Bank (ECB) member Miguel Angel Fernandez Ordonez said the ECB could cut rates again in January if inflation falls far below 2%.
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Posted by shina on December 21st, 2008 :: Filed under
EuropeTags ::
Angel Fernandez,
Cep,
ECB,
Fernandez Ordonez,
Inflation,
Miguel Angel
(CEP News) - European Central Bank (ECB) member Miguel Angel Fernandez Ordonez said the ECB could cut rates again in January if inflation falls far below 2%.
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Posted by shina on December 21st, 2008 :: Filed under
EuropeTags ::
Angel Fernandez,
Cep,
ECB,
Fernandez Ordonez,
Inflation,
Miguel Angel
(CEP News) - Markets will be anxiously waiting to see how much the Fed will cut rates by at the FOMC meeting on Tuesday afternoon.
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Posted by shina on December 15th, 2008 :: Filed under
USATags ::
Ahead,
Amp,
Canada,
Cep,
Fomc Meeting,
Inflation,
Tuesday Afternoon
(CEP News) - Markets will be anxiously waiting to see how much the Fed will cut rates by at the FOMC meeting on Tuesday afternoon.
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Posted by shina on December 15th, 2008 :: Filed under
CanadaTags ::
Ahead,
Amp,
Canada,
Cep,
Fomc Meeting,
Inflation,
Tuesday Afternoon
(CEP News) - Markets will be anxiously waiting to see how much the Fed will cut rates by at the FOMC meeting on Tuesday afternoon.
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Posted by shina on December 15th, 2008 :: Filed under
CanadaTags ::
Ahead,
Amp,
Canada,
Cep,
Fomc Meeting,
Inflation,
Tuesday Afternoon
(CEP News) Frankfurt - With developments in the real economy and inflation having changed significantly since September, economists and market participants alike anticipate notable revisions to the European Central Bank’s staff projections for both GDP and CPI growth for 2009.
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Posted by shina on December 3rd, 2008 :: Filed under
EuropeTags ::
Cep,
Cpi,
Economists,
Economy,
European Central Bank,
Frankfurt,
Gdp,
Inflation,
Market Participants,
Revisions
(CEP News) Frankfurt - With developments in the real economy and inflation having changed significantly since September, economists and market participants alike anticipate notable revisions to the European Central Bank’s staff projections for both GDP and CPI growth for 2009.
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Posted by shina on December 3rd, 2008 :: Filed under
EuropeTags ::
Cep,
Cpi,
Economists,
Economy,
European Central Bank,
Frankfurt,
Gdp,
Inflation,
Market Participants,
Revisions
(CEP News) - Inflation could drop significantly below the European Central Bank’s 2.0% target in 2009, giving the central bank maneuvering room on interest rates, Bundesbank President Axel Weber said in Berlin on Wednesday.
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Posted by shina on November 26th, 2008 :: Filed under
EuropeTags ::
Axel Weber,
Berlin,
Bundesbank,
Cep,
ECB,
Inflation,
Interest Rates,
Maneuvering Room,
Target
(CEP News) - During the Asian Pacific economic data session, the Bank of Japan will release its monthly report and the Reserve Bank of New Zealand will publish its two-year inflation expectation for the fourth quarter.
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Posted by shina on November 24th, 2008 :: Filed under
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Finance,
NewsTags ::
Ahead,
Amp,
Asian Pacific,
Australia,
Bank Of Japan,
Bank Of New Zealand,
Cep,
Data Session,
Economic Data,
Expectation,
Inflation,
Nz News,
Reserve Bank Of New Zealand
(CEP News) - Bank of England Deputy Governor Sir John Gieve said more interest rates may be needed as inflation is expected to remain below target in the medium term.
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Posted by shina on November 23rd, 2008 :: Filed under
BOE,
Central BanksTags ::
Bank Of England,
BOE,
Cep,
Deputy Governor,
Inflation,
Interest Rates,
John Gieve,
News Bank,
Sir John,
Target
(CEP News) Ottawa - Former Bank of Canada Governor David Dodge says his successor should stay the course with a long-term monetary framework of inflation-targeting and a flexible exchange rate.
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Posted by shina on November 23rd, 2008 :: Filed under
BOC,
Central Banks,
EconomicTags ::
Bank Canada,
Bank Of Canada,
Bank Of Canada Governor,
Cep,
Core Policies,
David Dodge,
Dodge,
Exchange Rate,
Inflation,
Monetary Framework,
News Canada,
Ottawa Canada
(CEP News) Ottawa - Former Bank of Canada Governor David Dodge says his successor should stay the course with a long-term monetary framework of inflation-targeting and a flexible exchange rate.
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Posted by shina on November 19th, 2008 :: Filed under
CanadaTags ::
Bank Canada,
Bank Of Canada,
Bank Of Canada Governor,
Cep,
Core Policies,
David Dodge,
Dodge,
Exchange Rate,
Inflation,
Monetary Framework,
News Canada,
Ottawa Canada
(CEP News) - On Wednesday, all eyes will be on U.S. CPI to see if inflation is starting to fall.
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Posted by shina on November 18th, 2008 :: Filed under
USATags ::
Ahead,
Canada,
Cep,
Cpi,
Fomc Minutes,
Housing Starts,
Inflation
(CEP News) - A higher-than-expected reading in the Fed’s preferred inflation gauage briefly boosted the U.S. dollar against the euro, which has since reverted back to pre-release levels.
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Posted by shina on November 2nd, 2008 :: Filed under
Forex,
NewsTags ::
Briefly,
Cep,
Dollar Euro,
Euro News,
Inflation,
Pce,
Release Levels,
Uptick
(CEP News) Frankfurt - European Central Bank Executive Board member Jürgen Stark still sees inflation as “too high” and expects growth in the euro zone to be “very flat” in the coming period.
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Posted by shina on October 20th, 2008 :: Filed under
Central Banks,
ECBTags ::
Bank Executive,
Cep,
ECB,
Euro Zone,
European Central Bank,
Executive Board Member,
Frankfurt,
Inflation
