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- Consumer staples: Salmar SALM.NO -5.1% (placement completion). - - - Healthcare: Clinigen CLIN.UK -25.8% (trading update), Oasmia Pharma OASM.SE +4.0% (research update), Smith & Nephew SN.UK +3.3% (analyst action). - Industrials: Leclanche LECN.CH +1.4% (results), Aker Solutions AKSO.NO.+1.2% (agreement with Petrobras), Heidelberger Drukmaschinen HDD.DE -13.2% (results). Speakers - BOE s Haldane (chief economist, QE dissenter) noted that the domestic economy was going gangbusters at this time and needed to begin turning off the monetary policy tap. If pay and costs were picking up then inflation was not very far behind. - - Sweden Central Bank (Riksbank) Gov Ingves stated that he expected inflation to fall in the short-term and then gradually rise back towards the 2% target. Reasonable to believe that inflation sped up after July. He saw big risks in withdrawing policy measures too early. ....
2/17/2021 10:58:33 AM GMT Notes/Observations - UK Jan CPI beats expectations but remain far from BOE target - Italy PM Draghi stresses that his new govt cannot succeed without support from Parliament, need to pass reforms and address emergencies - Bitcoin fever overtake coronavirus in headline coverage Asia: - Japan Jan Trade Balance: ¥323.9B v ¥625.0Be; Exports Y/Y: 6.4% v 6.6%e; Imports Y/Y: -9.5% v -5.5%e - RBA Assist Gov Kent noted that its policy measures saw A$ 5% lower than otherwise and would continue to put downward pressure on currency. Current level of AUD currency at upper end of recent range; to make modest changes to how RBA uses FX swaps ....
America's Roundup: Dollar gains on bullish Bullard comments, upbeat data, Wall Street ends mixed, Gold prices slump, Oil settles near 13-month highs; Texas deep freeze supports-February 17th,2021 econotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econotimes.com Daily Mail and Mail on Sunday newspapers.