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Fed's Rosengren says it is too early to talk about tapering QE

Eric Rosengren is president of the Federal Reserve Bank of Boston Speaking in an interview with Bloomberg 
May 5, 2021 Read more

National Australia Bank says the rebound in the Australian and New Zealand economies is better than expected

NAB is reporting H1 results, its profit has come in above expectations.  Comments on the Oz and NZ economies from the reporting. 
May 5, 2021 Read more

Brazil raises benchmark lending rate 75 basis points to 3.50%

Banco Central do Brasil hikes the benchmark rate, as expected  The summary above is via Reuters, bolding is mine. BCB sees the rise in inflation as temporary but is hiking anyway ....the BCB is not a global trend setter for major central banks, but makes ya think .... 
May 5, 2021 Read more

Early study shows booster shot of Moderna vaccine effective against COVID-19 mutants

Some encouraging coronavirus vaccine news on the variant front. Politico reports on a preliminary study booster shots. In brief: for more if you are interested in more. 
May 5, 2021 Read more

Forexlive Americas FX news wrap:

Forex news for NY trading on May 5, 2021 On the data front today, the ADP employment numbers for April came in weaker than expected at 742K vs 850K estimate. The BLS will release their employment numbers on Friday with expectations of around 890k vs last month of 780K.  The number is a small disappointment but the ADP
May 5, 2021 Read more

Trade ideas thread - Thursday 6 May 2021

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:         
May 5, 2021 Read more

The UK has sent the Navy to patrol Jersey port amid dispute with France

No, not a story from the 1800s. The UK will send two Royal Navy patrol vessels to waters around channel island Jersey's main port. There is a protest occurring re fishing rights surrounding, you guessed it, Brexit.
May 5, 2021 Read more

NZD barely changed after comments from RBNZ's Bascand - rates need to stay low for quite a long time

Reserve Bank of New Zealand Deputy Governor Geoff Bascand in an interview with Radio New Zealand.  Bascand said "I" on where NZ interest rates are going now
May 5, 2021 Read more

Economic calendar due from Asia today is light

Japanese and Chinese markets reopen today after the long holiday. On the economic calendar ahead, not too much to shove around the FX.  2245 GMT New Zealand building approvals for March, prior -18.2% m/m
May 5, 2021 Read more

More headlines from Mester: Progress in labor market does not meet Fed's goals

Feds Mester headlines just keep on coming Earlier comments from Mester can be found and . HERE HERE
May 5, 2021 Read more

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