Forex Calendar
The Global Macro Pulse
EUR edged higher to 1.3717 after briefly trading below 1.37 at the NY close. USDJPY reversed yesterday’s gain, falling steadily to 102.15.
UBS Morning Adviser
Policy to continue weighing on krona, but watch positioning Within the minor currencies, the krona appears most at risk of more easing.
FI Eye-Opener: Even the Bundesbank sees the need to ease furthe
Bonds rallied in earnest yesterday on both sides of the Atlantic on the back of disappointing US retail sales and reports that the Bundesbank would back more ECB easing.
FX Daily
Euro industrial production is expected to decline in March in line with the movementacross countries. The lower production is partly due to fewer working days in March.
Daily FX Update
Markets are relatively quiet with the USD focused on individual domestic stories and negative developments for EUR. The Bundesbank has suggested that it would support stimulus;
Central European Daily
Hungarian consumer prices slid by 0.1 % in April CEE currencies shrug off turmoil in Ukraine Central European currencies remained stable on Monday.
The Global Macro Pulse
The Indian rupee was the main mover in Asia trading. USDINR gapped 0.8% lower to 59.60, its lowest level since July 2013, as exit polls projected a strong victory for the BJP-led coalition.
UBS Morning Adviser
A risk-off trade by nature, but direct FX link is possible On Monday UBS Macro Strategy proffered the view that it is now time for investors to
FX Daily
We expect another small decline in German ZEW expectations in May after it hastrended downwards during the first few months of 2014.
FI Eye-Opener: No signs of any crisis in equity markets
Bond yields rose yesterday on both sides of the Atlantic, more so in the US than in the Euro zone. The US 10-year yield jumped by 4bp, while the German 10-year yield climbed a more subdued 1bp.
Daily FX Update
FX markets are mixed, with growth currencies outperforming and safe havens weak. Equities are generally firmer and the U.S. 10‐year yield is up to 2.64%.
Central European Daily
The Czech inflation slips to 0.1% year-on year in April The ECB boosts demand for regional bonds Although Central European currencies barely moved on Friday it finished the week stronger.