Tag Archives: S&P

Cable heading for new lows. €/SEK – rechecking 9.14

EURUSD: The correction case gained some more credibility yesterdaywith 1) a second day

US non-farm payrolls take centre stage. We expect a rise of 250k, higher than theconsensus estimate of 218k.

European equity prices plunged yesterday, as Draghi’s message did not sound as dovish as many were hoping.

EURUSD: The question is whether this only is short covering ahead of€CB or if the market is changing its

The main event will be the press conference following the ECB meeting.

A huge bond rally took place yesterday, especially in the US, with curves bull-flattening and equities taking a beating.

EURUSD: Trend-following tools remain deep in bearish gears, so sell into fading rallies remains a main theme.

In the US focus turns to ISM manufacturing for September.

German bonds continued to rally yesterday, with the 10-year yield down another 2bp.

EUR/USD over 1.2715\25 would target at least 1.2656\65, but not if losing 1.2678 again…

German retail sales and French consumer spending figures are due for release thismorning.

Core bonds rallied again yesterday, especially in the US, while German bonds had to settle with only minor gains.