Forex Calendar
The Global Macro Pulse
The USD has softened against the major currencies. AUDUSD has risen slightly to 0.8895 from
FX Daily
Focus will be on flash estimates for PMIs. In the euro area we expect bothmanufacturing PMI and service PMI to
FI Eye-Opener: Hot US economy needed
Bonds rallied on both sides of the Atlantic yesterday, in Europe in a bullish-flattening fashion.
The Global Macro Pulse
EURUSD has bounced off of its Friday low to trade up to 1.2863 while USDJPY has dipped to 108.73, close to its Friday low.
FI Eye-Opener: What will you say now, Mario?
Core bonds felt some pressure early on Friday, but buyers later entered the market, driving yields lower. Both the US and German 10-year yields fell by some 4bp.
FX Daily
In the euro area, ECB president Mario Draghi will testify before the EuropeanParliament’s Economic and Monetary Committee at 15:00 CET.
Pressing On, Post Election
The National Party has been returned with a mandate to govern at least as strong as before.
Aussie on my mind
Future path of the AUD is a critical focus for businesses. Exporters are still frustrated by the AUD,
Weekly Commentary
The weekend’s general election returned an increasedmajority to the ruling coalition of National, ACT, UnitedFuture and Maori.
The Week Ahead in FX
In the week ahead, investors will be awaiting Tuesday’s data on euro zone private sector activity,
Weekly Economic & Financial Commentary
U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,