Market Pulse - Currencies
Citi sees near-term risks easing after Scottish election results
Analysts at Citi believe the results of the Scottish elections during the previous week's will see some of the more acute near-term risks ease.
US non-farm payrolls rise by just 266,000 in April
America's labour market last month generated the fewest jobs ever relative to economists' forecasts.
US labour productivity growth beats forecasts in the first quarter
Labour productivity in the US rebounded more sharply than expected at the start of 2020.
BoE stands pat, Haldane casts dissenting vote
The Bank of England stood pat on monetary policy on Thursday to support the recovery and ensure that consumer price inflation returned to its 2. 0% target sustainably.
Fed's Yellen says she is neither predicting nor recommending interest rate hikes
The head of the US Treasury issued a clarification of her earlier remarks on interest rates.
Asset purchases not creating financial imbalances, Fed's Williams tells WSJ
A top US central bank official gave short shrift to the supposed need for the Federal Reserve to begin dialing back on its asset purchases.
Government spending may cause 'very modest' interest rate increases, Yellen says
The price of money in the US may need to rise very modestly in order to keep the economy from overheating, the head of the country's Treasury said.