Carney - Pound options volatility increased by Brexit vote

Bank of England’s Carney, during his speech on Brexit issue, said volatility in the Pound options has increased ahead of Brexit vote.

Carney added, “a host of asset prices would be affected if UK voted to leave EU”.

When asked about BOE’s extra liquidity operations, Carney said they are “entirely precautionary, these operations are additional to the regular ILTR operations which will continue to take place once a month.”

Germany: Manufacturing growth was surprisingly robust - TDS

Research Team at TDS, notes that the German manufacturing growth was surprisingly robust in January, rising 3.3% m/m, well above the consensus forecast for a 0.5% monthly gain and TD’s expectation for a slight decline.
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US: Trouble brewing? - ING

Research Team at ING, suggests that despite being a lagging indicator of economic health, last month’s increase in labour market slack is not encouraging.
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