Forex Calendar
FX Daily
Today’s data calendar is fairly light in terms of data releases, with the highlight beingUS durable goods orders for February. Durable goods orders declined relativelysharply in
US Morning Update
The USD was mostly stable-to-higher during the London morning, with the DXY now sitting just above its 30-day moving average and at about the middle of yesterday’s range.
Daily FX Update
Markets are notably quiet with a slight preference for risk appetite leading into the NA open. In FX most currencies traded in notably small ranges during both the Asian and European sessions.
Central European Daily
Central European currencies were calm on Monday. The Czech koruna as well as the Polish zloty oscillated within a narrow range close to their Friday´s levels.
The Global Macro Pulse
G10 FX price actions have been lackluster. The EUR was flat at 1.3830, USDJPY rose very marginally to 102.33 while AUD pulled back to 0.913, essentially unchanged from its NY close from a high of 0.916.
UBS Morning Adviser
Is relative market calm in EM due to lighter activity? In recent weeks EM FX markets have shown remarkable resilience in the face of
FX Daily
In the data calendar the main event is the release of IFO-business climate. We expecta decline in business climate to 110.8 from 111.3 but yesterday’s weak manufacturingand services PMIs for
FI Eye-Opener: More emerging market worries
Especially German bonds rallied yesterday and curves bull-flattened. The moves were smaller in US yields, where short yields actually edged higher (while longer yields fell). Intra-Euro-zone spreads widened.
US Morning Update
European equity markets were modestly weaker during the London morning, but even more noteworthy was the lack of attention paid by Asian shares to the weaker-than-expected data out of China overnight.
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,
UBS Morning Adviser
Dollar primed for a major rally in the coming months During last week’s FOMC meeting, Fed Chair Yellen implied that the first hike to
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
