The Day Today

"The Day Today" - 28 August 2014

* ‘European Central Bank is unlikely to take new policy action next week unless August inflation figures, due on Friday, show the euro zone sinking significantly toward deflation, ECB sources said’

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"The Day Today" - 27 August 2014

* US Labor Dept biennial survey shows just what the central bankers have been getting their knickers in a twist about – namely that the job market is improving but the jobs people are getting aren’t pushing wages higher and aren’t exactly what they want:

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"The Day Today" - 22 August 2014

Jackson Hole begins, the biggest surprise on the schedule could come from the ECB’s Draghi at 7.30pm BST, given he is earmarked for a “luncheon address” and therefore could use it to send a signal {NSN NAKBUM6TTDT2 <go>} http://bit.ly/1nWGMcK
* Most important presentation likely to be at 3.30pm: “Churn and the functioning of labor markets”

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"The Day Today" - 21 August 2014

Fixed income caught up with the dollar rally as the FOMC Minutes were largely considered to be hawkish – although the S&P also rallied back so equities still like the idea that even when hikes come there won’t be many of them.

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