21:19:13
ECB President Lagarde: There is some lag, 18 to 24 months, but not too much.
21:18:29
Bank of America expects the dollar to strengthen further, with a EUR/USD forecast of 1.05 by the end of 2023.
21:18:04
Bank of America raised its end-2023 forecast for the U.S. 10-year Treasury note by 25 basis points to 3.5%.
21:17:24
Both US and Brent oil rose more than 1.00%, and are now at US$69.56 and US$74.30/barrel respectively.
21:07:11
Czech Central Bank Governor Michel: There is no reason to "guess" about the timing of the rate cut in the Czech Republic.
21:05:50
ECB President Lagarde: We are not considering a pause.
21:05:28
Czech central bank governor Michel: It is very important that the inflation rate falls to about 2% next year.
21:05:17
ECB President Christine Lagarde: The ECB still has room to hike rates further.
21:05:00
The monthly rate of U.S. industrial production in May will be released in ten minutes.
21:04:34
ECB President Lagarde: A rate hike is likely in July.
21:04:18
ECB President Lagarde: We still have work to do.
21:04:09
ECB President Lagarde: Are we done? No.
21:03:41
ECB President Lagarde: The ECB pays a lot of attention to data when making decisions.
21:03:31
Czech Central Bank Governor Michel: Interest rates will remain high for a longer period of time.
21:01:24
European Central Bank President Christine Lagarde: Will ensure that the interest rate level reaches a level that can achieve 2%.
21:00:29
The monthly rate of existing home sales in Canada in May was 5.1%, expected to be 12.10%, and the previous value was 11.30%.
20:59:58
ECB President Lagarde: The outlook for financial stability remains challenging.
20:57:50
According to Handelsblatt: Denmark and the Netherlands support the sale of 14 Leopard tanks to Ukraine.
20:57:42
The euro against the British pound EUR/GBP fell back 20 points in the short term and is now at 0.8574.
20:57:23
ECB President Lagarde: Recent wage deal increases upside risks to inflation.
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