European Monetary Union Retail Sales (YoY) below forecasts (1.2%) in May: Actual (0.7%)

Jim Reid from Deutsche Bank comments on Fed chief Janet Yellen's speech at the IMF conference on Wednesday pointing out that she adopted a dovish tone once again, downplaying the role of monetary policy as a tool to promote financial stability and highlighting that using rate policy to tackle asset price inflation may come a cost to the Fed’s inflation and unemployment mandates.