Forex Calendar
FI Eye-Opener: Japanese yield levels calling
Core bonds continued to rally on both sides of the Atlantic, and the curve bull-flattened further, as geopolitical tensions and risk aversion continued.
FX Daily
The German trade balance for June is expected to show an increase in exportsand imports after both figures declined in May.
Daily FX Update
Markets are relatively quiet leading into the ECB decision and press conference; however there remains an overall bias for USD strength.
The Global Macro Pulse
AUD underperformed in Asia trading, down 0.6% to 0.928 on the back of a weak employment report.
FX Daily
The main event is the ECB Governing Council meeting where we expect the ECB toremain on hold.
FI Eye-Opener: In recession again
German bonds rallied in earnest yesterday, and the curve bull-flattened, as weak economic data and more geopolitical tensions boosted bonds.
Daily FX Update
Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for
The Global Macro Pulse
G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while
FI Eye-Opener: Summer plunge ahead?
German bond yields headed higher yesterday, with the 10-year yield rising by 3bp.
Daily FX Update
Soft services PMI in China and Europe have done little to deter risk taking, as equity markets are strong and the U.S. 10‐year yield sits just below 2.5%.