ECB's Muller says there's no reason to ease further in the near term and that rates have been in the right place for some time
Muller's comments suggest a dovish stance from the ECB, indicating that the current rates are appropriately set and signaling no imminent easing.
[MARKET ANALYSIS] US yield curve steepens on the Fed independence challenge, supply ahead
German Finance Minister Klingbeil says the transatlantic relationship "is disintegrating", Die Zeit reports. Adds, We must further strengthen Europe, and we must do so much faster. The current pace is inadequate. European sovereignty now has top priority"
ECB's Muller says there's no reason to ease further in the near term and that rates have been in the right place for some time
China's NDRC has issued trial regulations designed to improve the evaluation and management of gov't investment fund allocations, Xinhua reports
ECB's de Guindos says the USD is not behaving as a haven, at this point
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- Rates, however, could edge higher in a few years
This may reinforce the prevailing market expectations of maintaining current rates while allowing for possible increases in the longer term, which could support the euro and influence fixed income dynamics.
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