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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

LONDON (MNI)

The European Central Bank will look again in June at whether financing conditions remain favourable and can use the flexibility of the Pandemic Emergency Purchase Program to either increase of slow the pace of bond purchases as required, Chief Economist Philip Lane said in an interview with Le Monde published Monday.

"Our overall commitment is to maintain favourable financing conditions," he said.

Lane was sanguine about higher bond yields impacting bloated state finances in coming years, with repayment costs at a far lower level of tax take and national income that after the financial crisis.

"Current levels of debt in today's environment are not a source of concern to global investors – but, of course, governments will have to rebuild fiscal capacity once the recovery firmly takes hold," he said.

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