Tag Archives: ECB
FX Daily Strategist: Europe
Data playing into USD strength US data has continued to surprise on the firm side of expectations in June. On Tuesday,
Developments in China and European Central Bankers a focus
Another day devoid of data awaits participants in the northern hemisphere sessions. As indicated yesterday, this week is particularly light on in terms of data flow.
FX Comment: TIPSy
All the good things come to an end. Fed’s Bernanke left us with the impression that “this time is different”.
Lower euro area inflation as tax hikes drop out
• Inflation in the euro area has been on a downward trajectory since September 2012. If inflation moves even lower and the risk of deflation increases,
More US economic data to end the week, industrial production…
The US economic data on the day was a little better than expected and supported markets yesterday. Advance retail sales rebounded by 0.6% MoM in May and
Working through the US soft patch
Outlook for 2014 strengthens • The US economy is working its way through a soft patch due to substantial fiscal tightening.
A deeper look at Euro-area deflation risks: small but rising
We believe deflation risks in the Euro area will be a major theme during the second half of this year. Deflation risks are a question of how much slack there is in the economy or,
The bulls strike back
Interest rates have been defying gravity for 1.5 months already. Even though the sell-off started from exceptionally low levels and is not totally without merits,
USDJPY continues to wreak havoc
Abenomics is fast proving a bad word in Japan as the overnight moves in the Nikkei put the stock average beyond the
Peculiar Rates and FX Dynamics
US real yields have relentlessly marched higher since May. Some may be surprised by the recent ack of broad dollar strength,
If not for tapering, we’d be SEK bulls
• Negative on risk sentiment • Neutral on EUR/USD • We turn neutral on EUR/SEK after being krona bears
Eurozone industrial production expected to bounce, UK economy still accelerating, little else for markets to look to in the US today
The economic calendar remains relatively light again today. Main interest will be in Europe with publication of industrial production numbers for April.