Forex Calendar

Downside risk to slowest wage growth in decades

We look at the current 6.2% unemployment rate relative to its “normal” level or NAIRU.

There is a popular perception that the Bank will use this Wednesday’s FSR to announce the removal of its loan-to-value-ratio (LVR) restrictions.

Three key developments have informed our latest thinking: the recent commodity price down turn,

In the week ahead, investors will be looking ahead to Friday’s report on third quarter growth from

Markets are trading in tight ranges leading into the release of U.S. nonfarm payrolls and the weekend.

The satisfied CNB has no intention for ease further.

EURUSD was little changed Asia morning (1.2379),

In the US we expect another strong labour market report for October thisafternoon,

After some ups and downs during and following the ECB press conference (see more below), German yields ended the day roughly unchanged.

NBP surprises again and leaves rates unchanged . CNB will worsen its forecast as external conditions deteriorated

The USD retraced some gains, with the EUR up 20pips to 1.250, and

We expect the ECB to remain in wait-and-see mode at today’s meeting, as the impactof the latest easing measures is assessed.