ECB's Makhlouf says that the ECB is in a good place, adding that inflation is currently on target
Newsquawk Staff ·
ECB's Makhlouf says that the ECB is in a good place, adding that inflation is currently on target.
What it means
The comments from ECB's Makhlouf suggest a hawkish tone, indicating confidence in current inflation levels aligning with targets. This could reinforce a narrative of stability within the ECB's monetary policy, potentially affecting rate expectations and influencing euro strength as market participants assess the implications for future decisions.
- [MARKET ANALYSIS] UK Budget, 2026: No fireworks from Chancellor Healey, major reform kicked to 2027+, DMO skewed away from the long-end once again
- [MARKET ANALYSIS] Contained, but a bearish skew, across fixed income into the UK Budget and FOMC
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the Fed
- [MARKET ANALYSIS] Asia-Pac stocks are higher amid the ongoing tech rebound and record SK Hynix earnings, while participants await central bank decisions
- [MARKET ANALYSIS] DXY takes a breather after recent gains and heading into the FOMC, while NZD slumps on RBNZ's surprise pause
Related headlines
- RBNZ Governor Breman says agreed tighter policy will likely be required, conditional on the economy, adds committee discussed decline in NZD, which if sustained could add to imported inflation13 hours ago
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued 5 hours ago
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty 13 hours ago
- EUROPEAN OPEN: SKHY surges after Q3 profits; EQNR NO lifts FY production view; UBSG SW Q3 net income miss; DBK GY posts third straight record profit; MBG GY Q3 revenue & earnings fall; ULVR LN raises FY volume growth view; GSK LN Q3 profit & revenue beat7 hours ago
- BoE is to kick off short and precautionary tightening cycle in November, according to a forecast from FT's Monetary Policy Radar team9 hours ago
- [MARKET ANALYSIS] Treasury futures retreat with yields underpinned as oil prices rebounded12 hours ago
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats2 hours ago
- BoC Deputy Governor Rogers says uncertainty over the economy is hanging over the Canadian housing market24 min ago
- BoC Governor Macklem says Canada is seeing increased investment in the energy sector; policy rate remains low enough not to restrain economic growth, even after the latest hike35 min ago
- Canadian BoC Interest Rate Decision 2.5% vs. Exp. 2.5% (Prev. 2.25%)1 hour ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- RBNZ Governor Breman says highly likely we'll see OCR increases at coming meetings, also notes good conditions for inflation slowing in 202711 hours ago
- [MARKET UPDATE] Limited Gilt reaction on the Chancellor's speech. Upside in Gilts on the DMO remit, size as expected and marked skew away from long-end. OBR commentary then pared some of this.1 hour ago
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th2 hours ago
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US7 hours ago