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ECB’s Angeloni: End of current MonPol is ‘natural evolution’, everyone must prepare for it

Following are the comments crossing the wires from the ECB banking supervision Chief Ignazio Angeloni, as he speaks on the US trade tariffs and monetary policy:

EU commissions plan expected to help reduce bad loans, says it coincides with the ECB’s plan.

End of current monpol is ‘natural evolution’ everyone must prepare for because there are risks.

US protectionism creates risks for the global economy.

Europe is particularly vulnerable to that.

 

Riksbank: Cryptocurrencies should be regarded as a form of asset, not as money

The Swedish central bank, Riksbank, published an economic report on the cryptocurrencies, with the key headlines found below. “Cryptocurrencies shoul
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USD/CAD struggles to build on overnight strong gains, eases to mid-1.2900s

   •  Bulls fail ahead of 1.30 handle, despite BoC Poloz’s dovish comments.    •  Even a modest USD rebound fails to provide any fresh impetus.    •
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