Forex Calendar

FI Eye-Opener: Considerable time as good as gone?

Core bonds initially rallied yesterday, but the earlier gains were largely given away towards the evening.

The WSJ has its second blog post in a row suggesting that there is a strong case for Fed patience on rates

Polish inflation without surprise Czech producer prices remain calm August inflation data, released in Poland yesterday,

Core bonds rebounded yesterday after sizable losses last week. The German 10-year yield edged lower by some 1.5bp,

Main data releases will be German ZEW and UK inflation.

FX markets are mixed with outperformance from CAD, NZD, JPY and MXN and weakness from the Europeans and AUD.

New bank legislation submitted to Hungarian parliament. Polish inflation to remains in negative territory in August.

AUDUSD has fallen to 0.9012 in response to the weak China data. EURUSD is unchanged from

Only tier-2 data on the agenda today. The US Empire survey will give a first clueabout business confidence in September.

Core bonds continued to feel pressure on Friday, while curves bear-steepened.

We expect Thursday’s Q2 GDP report to show a slowdown in economic growth.

Business confidence near multi-year highs yet consumer confidence near multi-year lows.