Japan media reports Governor of Osaka may ask for a state of emergency declaration
n April 5 Japan's government designated Osaka, Hyogo and Miyagi prefectures as areas needing stricter measures to contain outbreaks.
Noe Osaka's governor has warned that he may need to ask the central government to declare a state of emergency if current measures to quell the coronavirus outbreak are deemed insufficient.
Fed's Powell says does not want to return to bad old days of inflation
Adam had this news earlier from the interview:
Further now, Headlines via Reuters:
RBNZ monetary policy review due Wednesday 14 April 2021 - preview
- there will be no update to forecasts
- there will be no press conference
- Similarly, on other policy settings, no change is expected: FLP and LSAP programmes are most likely to remain largely untouched
Earlier preview is here
Israeli study finds South African COVID-19 mutant may beat the Pfizer vaccine
- study compared almost 400 people who had tested positive for COVID-19, 14 days or more after they received one or two doses of the vaccine, against the same number of unvaccinated patients with the disease.
Iran says one of its nuclear facilities was hit by a "terrorist act"
the Natanz reactor.
The country's Atomic Energy Agency acknowledged damaged electricity grid at the site
BoA - Federal Reserve dovishness is not sustainable, sudden shift could shock markets
BoA couch their concerns in Fed assurances they will not be proactive and will wait for improving data to show, but says BoA:
Trade ideas thread - Monday 12 April 2021
ECB Panetta weekend comments - must accept no further delay in lifting inflation
ember of the European Central Bank's Executive Board speaking with Spanish media:
Says the ECB should accept no further delay in lifting inflation back to its target as the current outlook is unsatisfactory and persistent misses risk damaging the economy
Media reports that the UK and EU are close to agreeing to a trading agreement for Northern Ireland
Economic calendar due from Asia today - Monday 12 April 2021
2350 GMT Japan PPI for March
At 0600 GMT preliminary machine tool orders for Match, Japan