Forex Calendar
UBS Morning Adviser
Even before the FPC, housing momentum was fading but not priced by GBP After the Bank of England announced their recommendations for macro-prudential measures last week,
FX Daily
A relatively light data calendar. The most interesting release is the ADP privateemployment report in the US that will
FI Eye-opener: Party on
US equity markets inched to new highs with the ok US and Chinese data and the US 10-year Treasury yield jumped 5bp to 2.57%.
Central European Daily
Regional PMIs ease in line with worsening of business conditions in Germany and the euro-zone Polish PMI just above 50 in June. Will it trigger reactivation of the NBP easing cycle?
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into
FX Daily
While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.
FI Eye-Opener: What goes up, will come down even harder
German bond yields fell yesterday, as did US yields, but the moves were quite limited. The German 10-year yield ended the day lower by some 2bp,
Daily FX Update
A slew of event risk in the next 12‐hours—with quarter‐end rebalancings, China’s PMIs, Japan’s Tankan and the RBA meeting have left markets vulnerable.
Central European Daily
Poland and the NBP to remain in focus this week While the koruna and the zloty finished last week only little changed,
The Global Macro Pulse
Consistent with the overall pro-risk tone, the dollar lost ground against Asian currencies.
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and