Forex Calendar
Daily FX Update
Markets continue to be volatile with equities weak, bond yields falling, oil off its lows and the USD gaining ground.
The Global Macro Pulse
USD-G10 is flat in Asia with EURUSD at 1.2697, USDJPY at 107.81 and AUDUSD at 0.8766.
FX Daily
There will be some focus on French and Italian industrial production after the Germanfigure’s weakness in August.
FI Eye-Opener: Into the abyss
Euro-area yields hit record-low levels on a broad-front yesterday, but yields then rebounded towards the evening despite crashing equity markets.
Central European Daily
NBP surprises by cutting rates by 50 basis points Czech inflation slightly lower than expected At its October meeting, the National Bank of Poland (NBP)
FX Daily
German trade data for August are due for release this morning and focus will be onwhether the solid increase of 4.8% m/m in exports in July marked the bottom.
FI EYE-OPENER: The Fed joins the dovish ranks
Yesterday’s FOMC minutes leave us with an overall feeling of dovishness. Quite a bit of deliberation regarding the phrase considerable time,
Daily FX Update
The collapse in the U.S. 10‐year yield back to 2.34% (within range of the year‐to‐date low of 2.30%) and
FI Eye-Opener: Frothy equity markets take a beating
German yields initially headed higher yesterday, but all that changed, when equity market falls accelerated.
Daily FX Update
Into the North American open, the USD is strong, equities are weak and yields are lower in the U.S. but higher across Europe.