Forex Calendar

The Global Macro Pulse

The USD has strengthened against the G10 commodity bloc.

US retail sales for September is due for release and we expect growth in retail sales to

Bonds rallied hard and curves bull-flattened on both sides of the Atlantic,

Markets have dramatically shifted course over the last week, driving volatility substantially higher,

In the euro area there will be attention on industrial production for August after asharp drop

German bond yields edged higher yesterday, but the moves were limited and trading volumes were depressed in general due to the US holiday.

Lower US yields led the USD to weaken even as equity markets continued to fall.

Euro area finance ministers will today meet at 14:30. The main topic will berecommendations to member states on fiscal and economic policy.

Bond yields continued to fall on both sides of the Atlantic on continued growth concerns and weak risk appetite.

A striking feature in recent times has been the divergencebetween the confidence of businesses and consumers.

Last week’s releases completed the suite of confidencesurveys for the latest quarter.

In the week ahead, investors will be awaiting U.S. data on retail sales and industrial production for