Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road

#35972
Truman
Participant

U.K.’s March Public Sector Net Borrowing GBP17.32 bln (last GBP9.85 bln) and Public Sector Net Cash Requirement -GBP2.416 bln (last GBP2.346 bln)
Swiss March trade surplus CHF2.988 bln (last surplus of CHF5.882 bln)
Goldman Sachs has pulled forward its forecast for the initial rate hike from the European Central Bank to July from September.
ECB policymaker Kazaks said that he would prefer to see the first hike in July and two to three hikes being priced in by the market.
UBS reported better than expected results for Q1.
The U.K. will hold four additional auctions this year after increasing its net financing requirement for the fiscal year by GBP13.80 bln to GBP161.70 bln.