Intra-Day Market Moving News and Views
09 Apr 2014 23:53GMT
Japan Feb machine orders came in at -8.8% m/m and 10.8% y/y, vs the forecast of -2.6% and 17.5%.
Fed's Tarullo says 'monetary policy can help improve potential rate of growth of U.S. economy; reducing labor market slack can help boost demand and productivity, reduce income inequality; Fed is well-advised to proceed 'pragmatically' given uncertainty over labor market slack; Fed should not preemptively try to head off inflation based on potential increase in structural unemployment; given recent modest growth, a sudden upward spike in wages of inflation is "less likely"; monetary policy cannot be main tool to fight long-term economic challenges but it is not irrelevant.'
09 Apr 2014 23:01GMT
GBP/USD - 1.6795... U.K. Mar RICS house price balance came in at 57%, better than the forecast of 43%, previous reading is revised to 47%.
09 Apr 2014 23:53GMT
Japan Feb machine orders came in at -8.8% m/m and 10.8% y/y, vs the forecast of -2.6% and 17.5%.
Fed's Tarullo says 'monetary policy can help improve potential rate of growth of U.S. economy; reducing labor market slack can help boost demand and productivity, reduce income inequality; Fed is well-advised to proceed 'pragmatically' given uncertainty over labor market slack; Fed should not preemptively try to head off inflation based on potential increase in structural unemployment; given recent modest growth, a sudden upward spike in wages of inflation is "less likely"; monetary policy cannot be main tool to fight long-term economic challenges but it is not irrelevant.'
09 Apr 2014 23:01GMT
GBP/USD - 1.6795... U.K. Mar RICS house price balance came in at 57%, better than the forecast of 43%, previous reading is revised to 47%.
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