Tag Archives: EUR
EUR Mid-day Analysis
Some badly-needed “good news” from this morning’s Service-Sector PMI readings and from GermanIndustrial Orders has helped the Euro regain upside momentum and
Macro viewpoint: Less internal, more external risk to Europe’s recovery
There were no major surprises in the forecasts the European Commission published today under the title “Gradual recovery, external risks”.
EUR Mid-day Analysis
There has been little follow-through from Monday’s reversal for the Euro this morning, although priceshave been able to hold their ground well clear of yesterday’s lows.
Macro viewpoint: timing and tools are uncertain, but more ECB easing is likely
We now expect a 25 bp refi rate cut in December We expect a clearly dovish tone at this week’s meeting Liquidity will remain ample
US Morning Update
Major Overnight Headlines Euro Area October (final) manufacturing PMIs mixed; pan-Euro Area PMI at 51.3 in-line
EUR Mid-day Analysis
Positive vibes from this morning’s Euro zone and German PMI data, as well as from news that the”Troika” will return to Greece this week,
FX Viewpoint: give EUR a break!
Deflation! Japan! Doom! – the headlines last week when the euro area inflation fell below 1%. Mind you, this is not the euro area specific issue: disinflation is what has held Fed from tapering too.
The Week Ahead in FX
In the week ahead, investors will be awaiting the outcome of Thursday’s ECB policy meeting. On Friday the U.S. is to release the nonfarm payrolls report for October,
Weekly CFTC Trader Positioning Data
• The post-shutdown reaction in sentiment suggests that inves-tors shifted positioning on the basis of a renewed appetite for risk,
US Morning Update
Major Overnight Headlines European Oct. manufacturing PMIs mixed; UK, Denmark, and Sweden miss, Norway beats, Greece still sub-50
EUR Mid-day Analysis
An abrupt change in tone from the region’s economic data has put the Euro squarely on the defensive latethis week, although the market has been able to
ECB expected to cut the refi rate in December
Yesterday euro inflation surprised on the downside as it declined to 0.7% in October from1.1% in September. This is much lower than the ECB’s target of maintaining inflationbelow,