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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%

GERMANY

Comments hitting wires and social media from German Finance Minister (and Social Democrat candidate for chancellor) Olaf Scholz:

  • Says he is ''quite optimistic we'll reach an agreement on digital tax'. This remains a major sticking point in EU-US economic relations, with the EU looking to extract significant taxes from US-headquartered tech giants.
  • Says the 'race to the bottom' on global taxes has been halted and that he expects a deal on minimum corporate taxation to be reached this summer.
  • Nord Stream II pipeline is 'near completion'.
  • States that 'China's participation in climate change mitigation must be possible'.
  • Argues that 'when laws are broken we must be strict with Russia'.
MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com
MNI London Bureau | +44 203-865-0981 | tom.lake@marketnews.com