Tag Archives: ECB
FX Daily Strategist: Europe
The USD heading into the FOMC History has gone against the USD heading into FOMC meetings; the USD has gained ground only once following an FOMC meeting this year.
FX Daily Strategist: US
EUR at a tipping point, testing the ECB’s patience? Germany’s ifo report was on the weak side of consensus expectations dropping to 107.4, relative to an expected rise to 108 (index, sa).
US Morning Update
Major Overnight Headlines • BoE’s expands collateral range, cheapens lending terms as reserves averaging remains suspended for now
FX Daily Strategist: US
Little to stop EURUSD rally ahead of November 7 ECB meeting The Eurozone October flash PMIs came in lower than expected today (composite at 51.5 down from 52.2) though remaining above 50.
FX Daily Strategist: Europe
Constructive on Carry and Commodity Currencies The initial reaction to the rise in China’s money market rates has translated into lower US Treasury yields and weaker equity markets,
FX Daily Strategist: Europe
US non-farm payrolls to give the USD its cues The delayed September employment report arrives today in the US.
FX Market Drivers: Agreement result in positive market
The US: Temporary agreement in place After the 16-day shutdown of some areas of the US government, the Republicans and
FX Daily Strategist: Europe
Fiscal optimism fades, leaving USD at risk into Thursday deadline The optimism on prospects for a quick debt ceiling deal has faded, causing equity market to decline slightly and the 10 year Teasury yield to reach its hightest level in almost a month.
FX Market Drivers: Prospects of USD weakening
The US: The Democrats rejected two proposals by the Republicans. The political deadlock continues to cause endless worry for the economists dealing with the financial market.
House prices in the Euro area: Room for further declines in several countries
Housing markets often reflect and impact on the broader state of the economy, especially in countries with a high home ownership ratio.
FX Comment: blind spot
“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” – A. Einstein
Global FI Strategy – Behind the curve
Market talk The feeling of a recovery, spurred by the tapering debate and solid data, has rapidly been replaced by a bitter taste of the fragility of the global recovery…