HEADLINES…
– Markets: European bourses down, led by peripherals, US bourses mark time ahead of elections, Treasuries and bunds a little firmer. Asian bourses mostly softer early Tuesday, AUD rises as RBA leaves policy steady.
– US: Fed’s Williams says given state of the labour mkt Fed likely won’t stop buying assets until well into ’12.
– US: Non-manufacturing ISM falls 0.9pts to 54.2 in Oct.
– CAN: Building permits fall 13.2%mom in Sept, below mkt, still up 15.6%yoy.
– ESP: Unemployment up by 128.2k in Oct, above mkt.
– SWE: Services PMI rise 3.1pts to 50.3 in October.
– UK: Services PMI falls 1.6pts to 50.6 in Oct, below mkt
– UK: BRC like-for-like retail sales fall 0.1% yoy in Oct.
– AUS: ABS house prices rises 0.3% qoq/0.3% yoy in Q3
Click here to read the full report: Daily Forex 11.06.12
Deutsche Bank