Forex Calendar
Daily FX Update
FX markets are quiet; risk aversion is the core theme in what is likely to be a relatively subdued week. News flow has focused on the implementation of Thai martial law,
The Global Macro Pulse
USDJPY has continued to edged higher to 101.57 after failing to break meaningfully below 101.20 overnight. The AUD remained under pressure, dipping below 0.93,
UBS Morning Adviser
The Increasing Influence of Commodity Prices Iron ore’s drop below US$100/tonne comes at vulnerable time for the Australian dollar,
FX Daily
Not much on the global agenda today. UK CPI is expected to rise to 1.7% y/y from1.6% y/y, which would mark the first increase in more than a year.
FI Eye-Opener: Italian and Spanish bonds facing stormy weather for a change
Bond yields edged further up on both sides of the Atlantic yesterday, though the short end yields actually fell a bit and curves thus steepened. Trading volumes were not particularly large.
Central European Daily
Czech PPI fell by 0.3 % y/y in April CNB minutes signal later exit from intervention regime Friday trading on regional FX markets felt the lack of significant stimuli.
The Global Macro Pulse
The USD has weakened slightly. EURUSD has risen above 1.370 from a low of 1.369 earlier. USDJPY remained in a tight range and seemed firmly capped below 101.60.
UBS Morning Adviser
FX market fails to register sovereign issues During the height of the Eurozone crisis, being short the euro was considered the most convenient way to
FI Eye-Opener: Political uncertainty to keep yields depressed
After three days of huge bond rallies, yields finally found some support on Friday. The German 10-year yield rebounded by around 2bp, while the corresponding move in the US was some 3bp.
FX Daily
In terms of data releases, we have a very light calendar today. Instead, focus willcontinue to be on comments from ECB board members Weidmann, Mersch andCoeure.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expectations the RBNZ will signal a pause in June are growing and should weigh on NZD/USD this week.
Brittle consumer sentiment: more than the Budget?
This Wednesday’s release of the monthly Westpac-Melbourne Institute (W-MI) monthly measure of consumer sentiment follows a marked decline over recent weeks in the weekly Roy Morgan measure of Consumer Confidence.