ECB's President Lagarde says we're in a very different situation from 2022; there is currently such uncertainty that she cannot note what they will do on interest rates
Lagarde's comments indicate a significant shift in the ECB's positioning compared to last year, reflecting current uncertainties around inflation and interest rates.
Canadian PM Carney says G7 leaders will discuss energy coordination on Wednesday, March 11th
US President Trump says US destroyed 10 inactive mine laying boats or ships
ECB's President Lagarde says we're in a very different situation from 2022; there is currently such uncertainty that she cannot note what they will do on interest rates
Diamondback Energy (FANG) announces launch of secondary stock offering; holder offers 11mln shares
US President Trump says we are using the same technology and Missile capabilities deployed against Drug Traffickers to permanently eliminate any boat or ship attempting to mine the Hormuz Strait.
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Says:
- Europe has greater capacity to absorb shock.
- ECB will do everythng to keep inflation in check.
Her emphasis on the ECB's capacity to absorb shocks suggests a more resilient outlook, but the lack of clarity on future rate actions could leave markets uneasy, particularly regarding bond yields and the euro's stability.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 0.29 HIGHER AT USD 91.30/BBL; BRENT (X6) SETTLES USD 0.11 LOWER AT USD 95.52/BBL32 min ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT2 hours ago
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms5 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat6 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress6 hours ago
- BoE's Pill explains why he supported raising bank rate to 4% in recent MPC meetings; argues that clear, prompt and decisive policy action and communication would help steer markets, reduce uncertainty and support monetary policy transmission4 hours ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"4 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee7 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed11 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources11 hours ago
- ECB's Schnabel could leave her role at the ECB before her term ends to move to the IMF, Handelsblatt reports9 hours ago
- [CALENDAR ADDITION] BoE's Pill to give remarks at the Edinburgh Chamber of Commerce at 16:00BST/11:00EDT; guided to a text release7 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike5 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation6 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement11 hours ago
- Canadian PM Carney says Canada is ready to sit down and strike a deal with the US when Washington is ready4 hours ago
- Turkish Foreign Exchange Reserves (Aug/28) 71.11B (Prev. 74.228B)7 hours ago
- BoJ accounts show there was no large-scale yen intervention on Wednesday10 hours ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver9 hours ago
- France sells EUR 13.497bln vs exp. EUR 11.5-13.5bln 1.25% 2036, 3.70% 2036, 0.50% 2040 and 4.10% 2046 OAT10 hours ago
The whole workspace, free to try.
Try it free