BOE

Euro Surges, Yields And Stocks Rise As Central Banks Deliver Coordinated Message

The euro soared to the highest level in over a year while bond yields and global shares also climbed, as an ongoing barrage of coordinated hawkish comments from central banks signaled the era of easy money might be coming to an end for more than just the United States. S&P futures were fractionally in the green following the best day for US equities in two months.

Watch Live: Draghi, Kuroda, Carney, & Poloz Set The World's Markets Straight At The ECB Forum

Draghi's speech at the ECB Forum yesterday was intended to strike a balance between recognizing the currency bloc’s economic strength and warning that monetary support is still needed, according to Bloomberg, and it only took two post-speech clarifications to get the market to understand exactly what he was saying... which was nothing has changed. The main event today at the ECB Forum in Sintra is a policy panel With ECB's Draghi, BOE’s Carney, BOJ’s Kuroda, BOC’s Poloz due to appear at 2:30pm London...

Key Events In The Coming Busy Week: Yellen, Inflation, Durables And GDP

The main releases this week are the durable goods report on Monday, the Q1 GDP revision on Thursday, and the personal income and spending report on Friday. There are also many speaking engagements by Fed officials including a speech by Fed Chair Yellen on Tuesday.

Theresa May Strikes $1 Billion Governing Deal With Northern Irish Party

U.K. PM Theresa May clinched a deal with Northern Irish lawmakers giving her Conservative Party the necessary votes it needs to govern as a minority administration.  The deal provides Mrs. May's party with the extra votes it needs to pass critical legislation and remain in office.

Italy Bank Bailouts Send European, Global Stocks Higher; Gold Flash Crashes

S&P futures point to a higher open following gains in Asia but mostly Europe, where stocks are sharply higher following the €17 billion bailout of the two Veneto banks in Italy, the biggest taxpayer funded bank rescue in modern Italian history, as well as Dan Loeb's activist campaign of the world's biggest food company, Nestle