Forex Calendar
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
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.
The Week Ahead in FX
In the coming week, investors will be looking ahead to U.S. data from the housing sector, as well as reports on consumer confidence and durable goods.
US Morning Update
It appeared as if a combination of short-term profit taking and ‘risk on’ weighed on USD demand this morning, as key sovereign rate differentials have not materially backed off against the USD yet.
Daily FX Update
The market catches its breath as it digest further sanctions on Russia, re‐evaluates Chair Yellen’s comments, struggles to understand weaker CNY PBoC fixings and the ending of an important week.
The Global Macro Pulse
The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at
UBS Morning Adviser
Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in
FI Eye-Opener: US data starting to improve
Bonds continued under pressure early yesterday in the aftermath of the Fed, but found demand again later. German yields expectedly ended the day higher, with the 10-year yield up by some 5bp.
FX Daily
On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and