Forex Calendar
Central European Daily
The forint firms after higher-than-expected C/A surplus PMIs fall below forecast but stay above 50 On Monday, a forint rally continued and the currency firmed to its 7-week highs.
The Global Macro Pulse
Among the majors, AUDUSD rose to a high of 0.9304 before easing off to 0.9267 after the RBA statement (see below).
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),
FX Daily
In the euro area manufacturing PMIs are due for release and the first estimate of theSpanish and Italian figure will attract most attention.
FI Eye-Opener: The Yellen effect
German bond yields rose yesterday. Even though Euro-zone March inflation numbers were soft (see more below), they were not weak enough to give bonds another boost.
Daily FX Update
Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and
Central European Daily
Forint draws support from S&P rating outlook upgrade Will ECB support regional currencies? The forint outperformed its peers on Friday as Standard & Poor’s revised their outlook for
The Global Macro Pulse
EURUSD and USDJPY are flat to Friday’s New York closes at 1.3750 and 102.88 respectively, but AUDUSD nudged lower to 0.9233. EM Asia FX opened stronger against the dollar,
UBS Morning Adviser
Balancing inflation and growth in a challenging environment Last week Bangko Sentral ng Pilipinas (BSP) decided to hold rates,
FX Daily
In terms of data the main release is euro area inflation for March. We expect it todecline to a new cycle-low of 0.5% y/y mainly due to the timing of Easter.
FI Eye-Opener: Brace yourself for a huge week
Bonds continued to perform early on Friday, but some profit taking was seen later in the day. German bond yields finally ended the day slightly higher, while US yields rose a bit more,
Scandi markets ahead: PMI week and divergent monetary policy between Norway and Sweden even more evident
Will the Riksbank cut rates in April or not? It cannot be excluded, but we believe thechance of a rate cut in July is higher. What could prove decisive is next week’sMarch PMI figures.