Forex Analysis
GBP Mid-day Analysis
A pattern of lower lows has been extended overnight and that isn’t surprising in the wake of slightlydiscouraging Chinese and Euro zone data.
3 Myths
Here are three myths about European FX flows. 1. The current account surplus is large, so the euro can never drop.
The Global Macro Pulse
The dollar has risen against the JPY, but is flat against the AUD and down slightly against the EUR. AUDUSD rallied to 0.9111 on the open, dropped to a low of 0.9049 after the HSBC China PMI,
FI Eye-Opener: New stimulus will not save the day this time?
Bond yields fell on Friday ahead of weekend, while intra-Euro-zone spreads narrowed in the semi-core names. The German 10-year yield ended the day lower by
FX Daily
The main focus will be the release of the flash PMIs. In the euro area we expect thecomposite PMI to have declined slightly to 53.1 in March from 53.3 in Februarydriven by a drop in the manufacturing PMI,
Scandi markets ahead: Norges Bank meeting and value in Swedish and Norwegian government bonds
In Sweden, the week ahead has infinitely more on the agenda than the quiet pastweek. NIER publishes new consumer and business confidence surveys
EUR/USD Analysis
The pair opened at $1.3792 this morning in the Asia-Pacific after trading a high of $1.3811 last Friday. The early risk-on theme and broader US dollar declines nudged euro-dollar up to
GBP/USD Analysis
The pair closed in NY Friday at $1.6495, euro-sterling at stg0.8365. The rate recovered off early European lows of $1.6476, back through $1.6500 and extending on to $1.6515.
AUD/USD Analysis
The pair had a quiet start to the session today, after it opened at $0.9092 and drifted lower in early dealings as yen crosses also retreated. Aussie-dollar briefly pushed through $0.9100,
USD/JPY Analysis
The pair got an early lift from initial losses in yen crosses this morning and dollar-yen was pulled down to a Y102.10 low after opening at Y102.14, while euro-yen dipped to Y140.87 after opening at Y141.03.
Australian Markets Weekly – Exchange rate, the terms of trade and growth
Two recent RBA research papers to note: Exchange Rate Movements, and Economic Activity and Australia after the Terms of Trade Boom.
Weekly Commentary
New Zealand’s economic performance over 2013 leaves it wellpositioned to achieve around 4% economic growth over 2014.That would be the fastest growth the economy has seen since2004.