Headlines Apr 14

Fed's Williams: Increased COVID-19 vaccines and increased market operation could help to prevent long-term economic harm.

Fed beige book: The outlook for work was largely positive.

Fed's Powell: For a long period, the Fed wants inflation to be marginally over 2%.

US EIA Crude Oil Inventories Actual -5.889M (Forecast -2.889M, Previous -3.522M) - WTI Strengthens

ECB's President Lagarde: Inflationary spillover from the US is 0.15%.

Ukraine’s defense minister Taran: Russia is planning the Crimean Peninsula to store nuclear missiles. Russian forces could assault Ukrain from Crimea in order to ensure water supply for this peninsula.

Germany's economic institutes lowered their collective GDP development outlook for 2021 from 4.7% to 3.7%. - Report.

Powell and Yellen speeches failed to move markets.