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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

ECB

ECB net asset purchases picked up in the week ending Jun 4 to E24.0bln (from E15.4bln previously), though net PEPP purchases were only slightly higher. The acceleration was due to net gains in PSPP, Covered Bonds, and CSPP - each of which shrank the previous week. This is is the 5th week in 6 that net PEPP buys have been between E19-E22bln, indicative of an average monthly pace of around E80bln.

ECB Net Asset Purchases W/E PSPP Cov Bd CSPP ABS PEPP TOTAL
16-Apr-21 0.5 -1.1 1.4 -0.1 16.3 17.0
23-Apr-21 8.1 0.5 1.5 -0.3 22.2 32.0
30-Apr-21 1.9 0.5 -0.2 0.0 19.0 21.3
7-May-21 4.3 1.3 2.1 0.1 16.3 24.2
14-May-21 6.7 0.9 1.8 0.2 19.0 28.6
21-May-21 5.9 -0.3 1.5 -0.3 21.7 28.5
28-May-21 -3.4 -1.3 -0.1 0.1 20.0 15.4
4-Jun-21 1.2 0.7 1.5 0.0 20.6 24.0
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com