ECB’s Nowotny: It’s possible that inflation rates will remain low in long term
Comments from Nowotny: - One could question whether the ECB inflation target is still realistic - It's possible that inflation…
Weidmann says ECB should start to discuss whether and when to adjust guidance
From the ECB's Weidmann - Recovery makes it likely inflation will be higher even if monetary policy accommodation is reduced…
Russian deputy fin min says oil bulls will be disappointed for a long time
No jawboning from Russian deputy finance minister Russian deputy finance minister Kolychev is on the wires with some less-than-enthusiastic talk…
WTI crude falls below $48. USD/CAD rises above 1.35
Oil falls to lowest since May 15 The post-OPEC oil swoon is back on. WTI crude is down $1.76 today,…
May Chicago PMI 55.2 vs 57.0 expected
Details of the May Chicago PMI - Lowest since January - Prior was 58.3 - New orders slow - Employment…
ECB’s Lautenschlaeger: ECB should prepare to slowly reduce stimulus
Comments from the ECB hawk - When situation changes, guidance should change - Hesitating for too long creates new problems…
More from Kaplan: Inflation not running away from us
Kaplan in New York - Backs gradual policy tightening because economy and inflation aren't running too hot - Crackdown on…
Fed’s Kaplan: Inflation is slow and uneven but don’t think trend deteriorating
Kaplan at an event in New York - Not much slack left in labor market - Sees inflation slowly rising…
US launches first-ever test to intercept ICBMs
Test takes place a Vandenberg air force base The US is testing out technology that would allow it to intercept…
USD: 5 reasons USD bulls need to be patient and selective – BAML
Bank of America Merrill Lynch FX Strategy Research advises USD bulls to be patient in light of the following 5 reasons:…