Forex Calendar
FI EYE-OPENER: Average equals zero
Eurozone growth at a standstill: Average equals zero. 10Y bund yield was (briefly) below 1%.
Daily FX Update
Global growth dynamics are disappointing. No European growth in the second quarter, negative growth in Germany,
The Global Macro Pulse
USDJPY nudged up to 102.59, but the AUDUSD and EURUSD are flat at 0.9297 and 1.3361,
FX Daily
Market focus will be on the development in Ukraine with particular attention tohow Russia’s unilateral humanitarian aid convoy to Ukraine is handled, see FinancialTimes.
FI Eye Opener: Who needs rate hikes anyway
Bond yields fell both in Europe and the US as economic indicators failed to rise to the occasion.
Daily FX Update
News flow is not particularly encouraging with a disappointing data set from China, a Russian convey of trucks into
The Global Macro Pulse
The yen couldn’t sustain early gains after a smaller-than-expected decline in Q2 GDP and is now flat on the day at 102.29 to the dollar.
FI Eye Opener: Germans happy to be worried
Bond yields still at rock bottom. Japanese GDP down in line with expectations. US retail sales today. Bond supply from Germany and US.
FX Daily
Focus will remain on uncertainty related to the situation in Ukraine. In terms of data releases the main event is US retail sales for July,
Daily FX Update
Weaker German investor confidence, ongoing geopolitical risk and broad bearish shifts in FX technicals have all supported a stronger USD into the NA open.
The Global Macro Pulse
The USD strengthened against the G10 in Asia. The NZDUSD was the main developed currency mover,
FX Daily
Focus will continue to be on the international geopolitical situation, albeit tensionat least for now appears to be easing.