ECB de Cos says no room for complacency on the euro exchange rate
European Central Bank Governing Council member Pablo Hernandez de Cos in an article in Spain's La Razon newspaper over the weekend.
The 'between the lines' message on the EUR is he doesn't want it appreciating much more.
BoE Tenreyro says the evidence on negative rates is encouraging
A weekend report in the UK Telegraph - interview with Silvana Tenreyro, member of the monetary policy committee at the Bank of England.
“We have been discussing our toolkit in recent months, including how effective negative rates might be in the current context ... The evidence has been encouraging.”
Johnson & Johnson’s experimental Covid-19 vaccine phase 1/2 trial findings have provided some encouragement.
the Wall Street Journal:
Now for some caveats. These are from a small early-stage trial. They are interim, posted on online preprint server medRxiv. The report is not yet peer-reviewed, not yet published in medical journals.
Fitch on the UK rating
From Fitch, who lowered the UK to AA- in March.
The UK's ratings balance a high income, diversified and advanced economy against high and rising public sector indebtedness. Sterling's reserve currency status, deep capital market and strong governance indicators support the ratings. The very long average maturity of public debt (15 years)
Trump will nominate Amy Coney Barrett to Supreme Court - report
Trump set to make the announcement tomorrow
CNN reports Trump will nominate her tomorrow. She was the front-runner from the beginning. She's only 48 years old so she could serve for a long time to come.
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