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Only tier-2 data on the agenda today. The US Empire survey will give a first clueabout business confidence in September.

Core bonds continued to feel pressure on Friday, while curves bear-steepened.

The sell-off continues to see fresh 8 month lows with bears now focused on

Another day of losses for the AUD/USD today, as the currency fell to its lowest since March 20,

The 21-DMA capped the rally Friday with bearish pressure having been reconfirmed to start the new week with

The pair closed in NY Friday at $1.6268 as rate held toward its recovery highs of the week at $1.6277,

After trading at fresh 2014 and 15 month lows last week, EUR/USD bounced back towards the $1.2989-00 region on Friday before closing at $1.2963.

After having spent most days last week putting in fresh lows for the week Stoxx50 still managed to

Bulls are taking some comfort from the layers of support that have developed following the bounce from last week’s 2014 lows

A very dull day today for the yen as Japanese markets observed the Respect for the Aged Day public holiday in Japan.

Leveraged funds decreased their USD exposure for the first time in eight weeks.

We expect Thursday’s Q2 GDP report to show a slowdown in economic growth.