Forex Calendar
FI Eye-Opener: Absent inflation pressures still supportive of bonds
Bonds initially took a beating yesterday after strong gains in US payrolls (see more below), but the moves moderated later.
FX Daily
A bit of an anti-climax today after yesterday’s flood of important news. The USmarkets are closed for Independence Day celebrations and outside Scandinavia wehave a very light calendar.
Weekly Economic & Financial Commentary
U.S. Review All the Rage is the Wage • Nonfarm payrolls sparked a few fireworks,
Daily FX Update
Leading into the U.S. holiday weekend markets are looking towards the ECB press conference and the release of U.S. employment for direction.
Central European Daily
NBP kept interest rates unchanged as expected … … but left door open for a possible rate cut On Wednesday, the National Bank of Poland (NBP)
The Global Macro Pulse
AUDUSD fell from 0.9435 to 0.9379 following RBA Governor Stevens’ statement that the AUD is significantly overvalued.
UBS Morning Adviser
Krona price action needs to move beyond a simple rate story With or without the approval of their neighbours,
FX Daily
After the significant easing steps in June we expect ECB to largely repeat themessage from the June meeting at today’s meeting.
FI Eye-opener: Let the bubbles build
The much stronger than expected US ADP jobs pushed safe haven bond yields clearly upwards. 10-year US Treasury yield jumped 6bp to 2.63%,
Daily FX Update
The USD is mixed, repeating a familiar theme of a strong GBP and growth currencies but weak Europeans.
Central European Daily
Hungarian forint hits yet another three-month low NBP should not cut rates, but may sound dovish On Tuesday, regional PMIs for June eventually had no significant impact on trading.
The Global Macro Pulse
G10 FX markets drifted sideways with EURUSD at 1.3677 and USDJPY up marginally to 101.62.