Tag Archives: EUR
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.
The Week Ahead
• Australia’s May jobs data showed more resilience than expected with a 1.1k rise, after April’s 45k jobs surge with the unemployment rate easing to 5.5%.
FX Strategist – Japanese portfolio flow monitor
Repatriation continues, investment trusts increase allocation to EM The weekly portfolio flow data showed overall repatriation by Japanese investors.
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,
US Morning Update
Major overnight headlines: • Japan’s Suga says government views recent falls in the Nikkei as “profit taking”, Thomson Reuters
Mid-Day FX Market Analysis
USD: The Dollar has been able to make a moderate rebound from a new low for the move overnight but still have some way to go in order to climb back into positive territory.
FX G10/EM Morning Trader Views
EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and
Mid-Day FX Market Analysis
USD: The Dollar was able to grind out a modest rebound from overnight pressure, but still has plenty of work to do in order to recover from sizable weekly and monthly losses.
MONTHLY OUTLOOK
Short-Run Slowdown, Better Growth Ahead For the current quarter, we estimate economic growth has slowed to 1.5 percent, but will then resume its 2-percent-plus pace that is characteristic of the past three years.
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.
Mid-Day FX Market Analysis
USD: The Dollar has taken a negative turn over the past few hours and is posting moderate losses coming into this morning’s trading session.