Forex Calendar
Daily FX Update
Geopolitically there is a lot of disruption with Russian’s decision yesterday to cut off gas supplies and building tensions in Iraq;
Central European Daily
Polish markets calmer as NBP president Belka holds its position after its scandal with Interior Minister The scandal with leaked taped conversations of President NBP Belka and
The Global Macro Pulse
EURUSD has risen to 1.3565 as USDJPY climbed to 102.04 and AUDUSD dropped to 0.9357 in the wake of the RBA minutes,
UBS Morning Adviser
Revise GBP forecasts higher; forecast EURGBP at 0.78 in 1m, 3m and year-end In the wake of BoE Governor Carney’s Mansion House speech last week,
FI Eye-Opener: Bills with negative return back
Core bonds rallied further early yesterday on geopolitical concerns and equity weakness, but the moves moderated towards the evening.
Daily FX Update
USDCAD: Upside bias—Expect range to fall within 1.0814 to 1.1000 (the May 8th low to the psychologically important 1.10).
Central European Daily
NBP’s affair hurts the zloty The Polish zloty has been under pressure in today´s early trading.
The Global Macro Pulse
The Nikkei fell 0.7% while S&P futures are off just under 0.4% and the US 10yr Treasury yield is down a bit over 1bp to 2.584%, close to its New York lows.
UBS Morning Adviser
RBA talking down the currency has limited longer term implications Tuesday’s release of minutes of the Reserve Bank of Australia (RBA)
FX Daily
Focus this week will be on the FOMC meeting on Wednesday. The markets will belooking for signals as to the timing of the first rate hike,
Scandi markets ahead: Norges Bank meeting in Focus
The main Swedish event is NIER’s consumer and business confidence surveys. Wedon’t expect any major leaps in the data and some small improvement is even in theoffing (given the main components in PMI).