Bloomberg: Bloomberg Real Yield
5/3/2024 4:26pm
... at milliken all week. we have the boe decision on thursday. friday we are watching the university of michigan sentiment data and ecb minutes. he was a look at some of the big earnings set for next week. ebs, disney, uber are some of ...
Bloomberg: Bloomberg Surveillance
5/3/2024 12:46pm
... much. we have the ecb that wants to diverge for good reasons. it wants to diverge from the fed. it keeps telling us we are not fed-dependent, but knows there is a limit. for the rest of the world, it is about the movement in the u.s. ...
Bloomberg: Bloomberg Surveillance
5/2/2024 11:26am
... euro-dollar, 107, ultimately looking for 103 on that currency pair. the ecb seems to have more conviction against the federal reserve. lisa: dramatic moves. 103 breaks out. jonathan: will take it. ...
Bloomberg: Bloomberg Surveillance
5/2/2024 11:25am
... be hawkish, but everyone outside of japan seems determined to cut rates as much as they can. the implied commitments of the ecb and other central banks are much stronger than anything the ...
Bloomberg: Bloomberg Daybreak Europe
5/2/2024 5:50am
... environment globally. referred slightly mixed messaging and we still expect cuts to come from the ecb before the fed. there can be moment too much divergence down the line. on the back of that we are expecting fewer cuts from the ecb the rest of the year than we have. ...
Bloomberg: Bloomberg Daybreak Europe
5/2/2024 5:49am
... is very likely. can the ecb and boe really diverge from this federal reserve? we heard from some extent, not to a great extent. we are now expecting that both the ecb and the bank of england will cut before the fed does. ...
Bloomberg: Bloomberg Daybreak Europe
5/2/2024 5:48am
... bit of a stalling pattern. we will probably hear more of an economic reassessment after the next meeting, but we did here they are very much focusing on that mandate as well. tom: so you hold your view that the cut comes through towards the end of the year. the ecb an official saying june ...
Bloomberg: Bloomberg Daybreak Europe
5/2/2024 5:47am
... i think what's been clear is that the fed's job has been made harder about what's happening on the fiscal side of the u.s., which is being driven by wider political events and what's coming later this year. tom: before we move on to the ecb and the boe, in terms of the ...
Bloomberg: Bloomberg Surveillance
5/1/2024 11:42am
... policy tightening. lisa: a lot of people have been wondering about how much we could potentially get a break of some of the sideways trading we have been hearing about him whether the fed is going to set the tone for the ecb and tie ...
Bloomberg: Bloomberg Surveillance
4/30/2024 12:08pm
... think there will be improvement. i think the case for the ecb cutting rates is a lot stronger. we are not debating whether europe is to be accelerating. it is clear there going from ...
Bloomberg: Bloomberg Surveillance
4/30/2024 10:03am
... of a reaction in the euro. i thought this is something you could see strength pop in. annmarie: this will be a huge tailwind into the ecb cutting rates in june if the economies are already down. yes, everyone will want to talk ...
Bloomberg: Bloomberg Surveillance
4/30/2024 10:03am
... there is rhyming with scenario over here. gdp hotter than expected and inflation incrementally in germany and france coming in higher than expected as well. it raises the question, does this give the ecb room to cut rates and be stronger? i'm surprised we didn't see more ...
Bloomberg: Bloomberg Daybreak Europe
4/30/2024 5:38am
... that is a slowdown for the previous quarter, but it's a very strong member, zero .4. tom: spain has been outperforming many in the euro zone. in terms of inflation, is there anything out of the data that could move the dial for the ecb ...
Bloomberg: Bloomberg Daybreak Europe
4/30/2024 5:36am
... expectations of the ecb cutting in june. will any of that data change that view. let's bring in zoe for the details in the take away. what do take away from this gdp print at a friends, slightly ...
Bloomberg: Bloomberg Daybreak Europe
4/30/2024 5:15am
... volkswagen 6:30 a.m. macro data is out at 10 a.m. expectation that the ecb will cut in june. will this change the response to inflation? ...
Bloomberg: Bloomberg Daybreak Europe
4/30/2024 5:01am
... chinese stocks edge lower. inflation numbers including ecb rate cuts. top corporate's report. we focus on autos and airlines. ...
Bloomberg: Bloomberg Surveillance
4/29/2024 12:43pm
... present has reiterated she won't recommit to any rate papillion the summer. bond yields are up at current levels. data is due tomorrow. that's your bloomberg brief. jonathan: great work as always. we will see you tomorrow morning. the ecb meeting next is june 6 ...
Bloomberg: Bloomberg Surveillance
4/29/2024 11:37am
... as well in the trade side like the united states, they have full employment. full employment means consumption and consumption means the economy will not go into a big decline. the euro is likely not going into a big decline. the set up is that the ecb will ...
Bloomberg: Bloomberg Surveillance
4/29/2024 11:05am
... to cut rates, and what we are looking for is kind of the catalyst, right? what will be the tell, the signal? we are setting the story up with the comment we wrote on friday. the tell could be the ecb cuts ...
Bloomberg: Bloomberg Surveillance
4/29/2024 11:05am
... for us, the dollar is ripe for the selloff. you have the longest speculative position, five years, in the dollar. biggest long position in five years. you have the ecb getting ready to cut rates, the fed not ready ...
Bloomberg: Bloomberg Markets Asia
4/29/2024 3:14am
... out. maybe that delivers an earlier than expected ecb cut. but there is a glide from lower on euro, as well, and we think it is more gradual in terms of what is the gradual expectation. haslinda: one more question, the ...
Bloomberg: Bloomberg Real Yield
4/26/2024 4:13pm
... offer example where we still think the ecb is on track to start cutting and would likely be cutting sooner than the fed. we think you can diversify ...
Bloomberg: Bloomberg Surveillance
4/26/2024 10:08am
... with the ecb will cut in june. by the way that's also making that more attractive. i think this rate cut story is not over from that point of view. a lot of people suggesting ...
Bloomberg: Bloomberg Daybreak Asia
4/26/2024 0:39am
... cuts. that is increasingly becoming a bit of an outlier position but i will tell you one position that is not so much of an outlier if we look at europe. the ecb, there seems to be consensus gathering around june of the month of easing. is that your view? ...
Bloomberg: Bloomberg Surveillance
4/25/2024 11:43am
... the ecb is nervous of the way this is playing out. it would not take much for the hawks at the ecb to turn around and say hang on a second. let's go one rate cut at a time and see how much we need. i think this can play itself out ...
Bloomberg: Bloomberg Surveillance
4/25/2024 11:43am
... shock of strong european data is bigger than the market shock of strong u.s. data. you want to surprise someone, show them some signs of life in the german economy. and you will get the bigger market reaction. i think you will get a bigger reaction out of the ecb. ...
Bloomberg: Bloomberg Surveillance
4/25/2024 11:42am
... secretary yellen. we know the origins of these complaints, u.s. exceptionalism and a market that has taken the view of central-bank divergence. a fed that has to hold and consider another hike and central banks like the ecb that are going to go through some kind of cutting cycle. ...
Bloomberg: Bloomberg Surveillance
4/25/2024 10:13am
... argument at any point. it's the catalyst. the ecb is going to cut. it has more profit margins and is more sensitive to these ...
Bloomberg: Bloomberg Surveillance
4/25/2024 10:12am
... the ecb is cutting interest rates in june. maybe not dramatically ahead of -- much more than in the u.s. ...
Bloomberg: Bloomberg Daybreak Europe
4/25/2024 5:33am
... post: what are you expecting from the ecb? we saw weakness on the private bank, commercial bank. this that the story, net interest dead? no. ...
Bloomberg: Bloomberg Daybreak Australia
4/24/2024 11:56pm
... senior air analyst. coming up, we will find out why the fed, the ecb, and the boj ...
Bloomberg: Bloomberg Daybreak Australia
4/24/2024 11:11pm
... from the perspective of the boj, the right time to intervene is probably later second quarter when the ecb makes the move. paul: just in your view, is intervention really worth it? ...
Bloomberg: Bloomberg Daybreak Australia
4/24/2024 11:11pm
... very slim chance of any rate cut this year. somebody is already talking about a rate hike but i think they remain a minority. however, in this market the greed can be taken over by fear very easily. and we have ecb moving into cut rates in the summer. ...
Bloomberg: Bloomberg Daybreak Australia
4/24/2024 11:10pm
... short-term relief for the strength of the yen, which has already lost too much ground. however, it is not about the yen, it is more about the u.s. dollar. if the ecb cut rates in the summer in the interest rate differential between europe ...
Bloomberg: Bloomberg Daybreak Australia
4/24/2024 11:06pm
... and data came in from the ecb laying ground for one rate cut during the summer. and that would dramatically increase the value of the dollar as the interest rate differential widens. that is going to put a lot of ...
Bloomberg: Bloomberg Surveillance
4/24/2024 11:48am
... permanent place in your repertoire? it is interesting when you look at what has been driving rate and currency markets. the fed and the ecb, take your ...
Bloomberg: Bloomberg Surveillance
4/23/2024 10:43am
... likely strengthen the case for ecb hawks that potentially come after well broadcast june cuts, that there should be a pause. the u.s. is reportedly drafting sanctions that would cut off tiny banks from the global financial system, according to the wall street journal. ...
Bloomberg: Bloomberg Surveillance
4/23/2024 10:32am
... trajectory that would lead the ecb to keep rates higher? when you look at the euro, it is in the same place. it moves incrementally. also yesterday, maybe that means pretty much all the dollar ...
Bloomberg: Bloomberg Daybreak Europe
4/23/2024 5:36am
... improve? how will that affect rate expectations? mary: at the end of the day it still about inflation, the ecb. ...
Bloomberg: Bloomberg Daybreak Europe
4/23/2024 5:31am
... optimism of profits but can troubles at tesla spoil the party? the ecb rate path ahead and earnings season is underway. ...
Bloomberg: Bloomberg Daybreak Europe
4/23/2024 5:01am
... spoil the party? in europe, pmi data out this morning for clues on the health of the economy and the ecb's rate path ahead. plus, the u.k. governments controversial rwanda deportation bill is finally set to become ...
Bloomberg: Bloomberg Daybreak Asia
4/23/2024 0:05am
... differently. we wrote a piece called the power of gravity referring to the idea that the fed stays higher for longer and that affects all markets. obviously the ecb, christine the guard has been clear she wants to cut in short order. ...
Bloomberg: Bloomberg Surveillance
4/22/2024 12:13pm
... columbia's president said leaders would come together today to discuss a way to end the crisis. and the ecb will not be swayed from cutting rates in june even if the uncertainty over oil prices, according to the governor of france bank. i spoke with jane foley said ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:50am
... sequencing of cuts? you buy into the view that the ecb goes in june. where does the fed land? where does the boe land? the bank of england -- in august the first time. ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:46am
... have a very dovish ecb which actually wants to cut back to back right now so they are talking about a few more rate cuts this year. on top of that, we have a disinflationary contest which is ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:46am
... how vulnerable is the euro within that context? further upside for the greenback and we have heard from ecb officials reiterating that they expect to go to the first cut in june. does that leave the euro vulnerable and how does that percolate through the exchange? the u.s. is one of the most ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:13am
... of the doubt that the ecb won't be too far ahead of the others, but if we see that gap get wider, if the fed goes to the fourth quarter, it could be vulnerable for the euro. it would be the currency most at risk within the g10 group. tom: mliv strategist mark ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:12am
... to think that the ecb will not happen in june. but who comes next and how much of a time cap is there between them and a cut from the bank of england or the reserve? that's what traders are trying to gauge. for now, they are giving benefit ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:12am
... lagarde suggest that is one the first interest-rate will be coming. we have heard more central bankers agreeing with her, mr. villeroy over the weekend saying that oil prices will not get in the way of the ecb lowering rates as well. it would need a lot for people ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:12am
... ecb, bank of england and the fed. in the background, the bank of japan as well. at the moment, most traders think the ecb will be more rate cuts this year than either the fed or the bank of england. which obviously puts the euro on ...
Bloomberg: Bloomberg Daybreak Europe
4/22/2024 5:11am
... currency on this front when it comes to dollar strength? we hear increasingly dovish commentary from ecb officials. that is certainly what traders are thinking. they are mapping out the future rate cut expectations between ...
Bloomberg: Bloomberg Surveillance
4/19/2024 12:47pm
... risks are your number one concern, that can mean a spike in inflation. do you expect the ecb to go ahead of the fed and have a rate cut in june? ana: what we are thinking about is what is the terminal rate. that is the key question. ...
Bloomberg: Bloomberg Surveillance
4/19/2024 12:44pm
... the ecb looking to cut rates this summer. fed officials are warning that cuts my not come out all this year. ana botin is looking to navigate these challenges and more. good morning to you you. thank you for being with us ...
Bloomberg: Bloomberg Surveillance
4/19/2024 12:44pm
... recovery now beginning and picking up in the course of 24. jonathan: here is the latest. the ecb and federal reserve on diverging paths. ...
Bloomberg: Bloomberg Surveillance
4/19/2024 12:43pm
... we were deeply negative, down more than 1%. we are just about unchanged on the s&p. the rally in the bond market continues. on the 10 year, 4.5960. the fed and ecb divided. growth in europe has been ...
Bloomberg: Bloomberg Daybreak Europe
4/19/2024 5:14am
... bubbled up out of the middle east today. now the central bank convergence we may be experiencing between the fed and ecb and the ecb telegraphing the idea of a cut coming is in his june, when you ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:24pm
... basket, into more traditional goods and services inflation, then no. lisa: something people have speculated is the ecb might be willing to also look through depreciation of the euro in response to rate cuts at a time when the fed is not cutting as long as there isn't an oil price ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:23pm
... trying to understand what would make the ecb change path or how would they respond to an oil price shock. klaas: an oil price shock obviously would affect inflation, that is absolutely true, but the question for us is the oil price shock of enough ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:20pm
... you weigh in on european central bank policy, what a fraud moment. how much are you looking to u.s. policy to determine how far the ecb can go on its own? obviously monetary policy always takes place in the global ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:20pm
... lisa: ecb officials gaining confidence to cut interest rates at their june meeting on the heels of downward trending inflation, signed the economic recovery. that timeline contrasting with the u.s. whose persistent inflation pushback rate cut expectations in that nation. dutch central bank ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:19pm
... the ecb opens the door to june. growth in europe has been mediocre and has been much slower than growth in the united states. but on both sides, you have an ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:16pm
... lisa: up next, the ecb opens the door to june. growth in europe has been mediocre and has been much slower than growth in the united ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:08pm
... bank and the ecb. how much do you see the dollar as a threat to that giving you see the rest of the world beginning now potentially cutting rates in the dollar is doing what it would do, which is rally to a dramatic degree? ed: it goes back to your previous question. ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:04pm
... are actually making risk premium tied to the conflict in the middle east. coming up, the dutch central bank president and why he is still penciling in a june ecb rate cut. jonathan pingel on why doesn't see the rate cut until september ...
Bloomberg: Bloomberg Surveillance
4/18/2024 12:03pm
... central bank but also of the ecb and he is a governing council member at a time when there is a real question about how europe sponsored, -- response, given that there economy is not expanding to the same degree the u.s.' is, but potentially ...
Bloomberg: Bloomberg Surveillance
4/18/2024 10:11am
... your thoughts on where you see oil as is going in the sense of how difficult it is going to be for the ec that -- the ecb and the fed to combat. tony: the commodity call is under momentum. ...
Bloomberg: Bloomberg Daybreak Europe
4/18/2024 5:09am
... differentials and comments from andrew bailey, the fact that the ecb is likely to start cutting as soon as you. there is that divergence, whether it's on rates or growth. that's going to keep the dollar supported. so yes you could have some sort ...
Bloomberg: Bloomberg Markets Asia
4/18/2024 3:07am
... government bond yields, high quality corporate bonds. it is important to stay globally diversified as regions may be desynchronized. maybe with the ecb, the bank of ...
Bloomberg: Bloomberg Markets
4/17/2024 4:33pm
... extent somewhat predictable. we have the fed, the ecb coming out with guidance and rhetoric around wanting to see inflation go down further and make sure that is a sustainable trend prior to actually lowering rates. ...
Bloomberg: Bloomberg Surveillance
4/17/2024 10:14am
... some bigger ones with yesterday closing out on dxy with six days of dollar strength. lisa: we talked about who cares most, the bank of japan, the ecb, or the people's bank of ...
Bloomberg: Bloomberg Surveillance
4/17/2024 10:12am
... the bank of england should be cutting before the fed. no doubt about it area the market still doesn't have that price, it has to be pulled forward with sterling weakening and you can see the euros sterling higher in that story. we pulled forward on the ecb but ...
Bloomberg: Bloomberg Surveillance
4/17/2024 10:10am
... macro divergence, probably the biggest we have seen in decades. the interest rate market has been very reluctant to price other central bike cutting before the fed. they have no choice now. the ecb has pretty much nailed the june move, with chair powell ...
Bloomberg: Bloomberg Daybreak Asia
4/17/2024 0:28am
... pragmatic. there will have to be further cuts this year and next. haidi: ecb councilmember on the central bank's rate out cut. take a look at how european futures are opening. ...
Bloomberg: Bloomberg Surveillance
4/16/2024 11:08am
... dominated so far. for the u.s. to continue to dominate, we need to avoid really high energy prices and avoid other policy mistakes. it will dominate in relevant space for a long time. lisa: the question the ecb board ...
Bloomberg: Bloomberg Surveillance
4/16/2024 10:39am
... european economies have, they are much weaker than the u.s. and don't warrant this level of interest rates except that the ecb had to respond to the price influence brought about by geopolitics. jonathan: in the u.k. there is an interesting conversation ...
Bloomberg: Bloomberg Surveillance
4/16/2024 10:38am
... we have to wait and see. lisa: when you talk about the central banking response to geopolitics, the central bank talked about how geopolitics poses the biggest risk to rate cuts for the ecb. ...
Bloomberg: Bloomberg Surveillance
4/16/2024 10:32am
... this raises the question of how far the globe can divert from the u.s. it is compelling because it is such a difficult nut to crack. it isn't just their currencies, it is the oil prices. we heard from the ecb, one ...
Bloomberg: Bloomberg Surveillance
4/16/2024 10:11am
... go without the federal reserve joining them in a rate cutting cycle? russ: the ecb will probably have more latitude to cut than the fed. the reason is obviously you have a weaker economy. ...
Bloomberg: Bloomberg Surveillance
4/16/2024 10:11am
... policy conversation. russ: between the u.s. and other central banks? jonathan: look at the euro this morning, one point 06. dollar-yen through 1.54. how much further the ecb could ...
Bloomberg: Bloomberg Daybreak Europe
4/16/2024 5:57am
... will be worn. let's have a look at how we've adjusted. expectations of two cuts and to any five basis points. compared to just a little over one for the fed but still on three for the ecb. that's how the three major central banks here are lining ...
Bloomberg: Bloomberg Markets Asia
4/16/2024 3:08am
... entirely decided based on europe's development. so potentially if the ecb makes a move ahead of the fed, that makes the pboc, if it wants ...
Bloomberg: Bloomberg Markets Asia
4/16/2024 3:08am
... waits until the fed makes a move. another possibility is the ecb indicated it might not wait for the fed. ...
Bloomberg: Bloomberg Surveillance
4/15/2024 11:52am
... just again, focusing on the data and the market as they see it at the moment. lisa: about the divergence between the ecb and the federal reserve, the ability to cut rate ...
Bloomberg: Bloomberg Surveillance
4/15/2024 10:55am
... position for that in fx markets and rate markets. jonathan: does that mean additional dollar strength? given the path for the ecb ...
Bloomberg: Bloomberg Surveillance
4/15/2024 10:54am
... concern for the ecb. it is different that they have expressed concerns. ...
Bloomberg: Bloomberg Surveillance
4/15/2024 10:53am
... have a shift to expectations hiking. market pricing looks broadly fair for the u.s. lisa: -- lisa: the ecb indicated that ...
Bloomberg: Bloomberg Surveillance
4/15/2024 10:51am
... the be pricing in terms of policy expectations for the ecb. it has been moving in our direction, but in the global portfolios, i manage the way -- _ ...
Bloomberg: Bloomberg Markets Asia
4/15/2024 3:22am
... yen is the prefers trade. we are of the view that the fed will cut three to four times starting in the second quarter. the market hedingham aggressive view at the start of the year, five or six cuts as early as march. we disagree but we think with the fed easing and ecb easing, ...
Bloomberg: Bloomberg Real Yield
4/12/2024 4:15pm
... sonali: i am sonali basak and this is 'bloomberg real yield.' this week's ecb data affected data. volume coming in just past 40 ...
Bloomberg: Bloomberg Surveillance
4/12/2024 12:03pm
... percent in the s&p, dollar strength across the board continues. 1.0654 four the euro as the ecb is preparing to cut rates. the 10 year, how we reach the point of buying? we had a couple of auctions that ...
Bloomberg: Bloomberg Surveillance
4/12/2024 10:04am
... futures. the euro continuing to decline, 1.066. the ecb seems most certainly ready to cut rates in june. the 10 year yield dipping a little bit after crossing straight through 4.55. ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 6:00am
... today. cash trade one hour away, here is what you need to know. ecb on track to cut. we speak to the former president. ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:58am
... exclusive interview with the former president of the ecb at 7:15 u.k. time. up next, markets today to make it through the european open, this is bloomberg. my name is teresa barber. ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:44am
... united states, we are no longer seeing three major central banks, the fed, boe and ecb even watching the same risks. stickiness is persistent in american inflation. given that the u.s. is the uk's ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:34am
... growth. kriti: feels like the u.k. is not on the same path. forget the u.s., but the ecb is doing its thing. you have three central banks ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:31am
... traders put the ecb on track to cut before the federal reserve. christine lead guard insisting europe central bank does not take cues from across the atlantic. j.p. morgan, city, wells fargo ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:09am
... continent. we have headlines crossing from the ecb governing council member speaking on tv3, reiterating what jana was talking about, saying they will cut in june if nothing surprising happens. ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:09am
... move not to happen. kriti: jana randow walking us through the dynamics over at the ecb. potentially marking the start of a historic couple of months on the continent. i'm excited about monetary policy all of a sudden on this ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:08am
... hadn't excluded moving in a -- knowing they probably wouldn't have a majority. arriving at the ecb, there was a group of people that thought let's talk about it. ...
Bloomberg: Bloomberg Daybreak Europe
4/12/2024 5:07am
... now some ecb members said there might be a need for it. walk us through divergences within the ecb itself. we knew going into the meeting there were a few governing council members, who ...