ECB’s Villeroy: Nominal interest rates set to rise in line with recovery

More comments crossing the wires from the Bank of France Governor and ECB governing council member Villeroy, via Reuters, this time on the interest rates outlook.

Key Headlines:

Non-standard monetary policy is not eternal

Nominal interest rates set to rise in line with recovery

Oil: Libya’s output may have reached 1mb/d – Standard Chartered

The main negative story for oil prices in recent days has been suggestions that Libya’s output might have climbed above 1 million barrels per day (mb/
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Gold flirting with session lows, below $1225

Gold once again failed to build on its recovery move beyond $1230 level and has now dropped to session lows, eroding previous session's tepid recovery
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