Tag Archives: S&P

FI Eye-Opener: Ever lower lows

Record-low yield levels were reached again yesterday on Euro-area government bond markets.

EUR/USD in a mid-body (1.2445) resistance recheck… USD/JPY below 117.36 would hint of a more lasting top in place…

Details on the German Q3 GDP numbers are released today and focus will be on how much private consumption grew last quarter.

German bond yields headed higher for a change yesterday, while the curve steepened a bit.

EURUSD: The unforeseen sharp move lower prematurely ended the upward correction and

German IFO expectations are expected to show signs of improvement.

Bonds and equities rallied on both sides of the Atlantic on Friday, as Draghi emphasized the need to

EURUSD: It is possible that a correction low was put in place yesterday

It is a very thin calendar and most focus will be on speeches by Draghi andWeidmann.

Two pieces of bad news came from the Euro area yesterday: Flash PMIs and consumer confidence unexpectedly fell in November.

EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to

Euro PMIs are due for release and it will be interesting to see whether theimprovement in the financial ZEW expectations is mirrored in the PMIs.