Tag Archives: S&P
FI Eye-Opener: More divergence
German bonds initially continued in a rallying mode yesterday, but gave up the earlier gains later.
Weaker CAD, AUD & stocks. Stronger bond markets
EURUSD: EUR/USD over 1.2877 would target 1.2931 next… Read the full report: Technical Alert
FX Daily
Focus will be on flash estimates for PMIs. In the euro area we expect bothmanufacturing PMI and service PMI to
FI Eye-Opener: Hot US economy needed
Bonds rallied on both sides of the Atlantic yesterday, in Europe in a bullish-flattening fashion.
$ strength losing momentum. NOK soon stronger agn
EURUSD: The drop below 1.2834 became exactly the kind of lowconviction move that one expects to
FI Eye-Opener: What will you say now, Mario?
Core bonds felt some pressure early on Friday, but buyers later entered the market, driving yields lower. Both the US and German 10-year yields fell by some 4bp.
FX Daily
In the euro area, ECB president Mario Draghi will testify before the EuropeanParliament’s Economic and Monetary Committee at 15:00 CET.
USD/NOK & USD/SEK both posted sell signals.
EURUSD: The move higher, and especially so if taking out 1.2943, isquestioning the call for a final drop below 1.2834.
FX Daily
Main focus will be the digestion of the Scottish referendum. The ‘No’ vote means wewill see some relief in the markets.
FI Eye-Opener: Scotland stays – what about Catalonia?
German bond yields ended the day higher yesterday despite low demand in the first TLTRO (see more below),
Dollar rise a bull trap? A stronger NOK?
EURUSD: With the break below 1.2908 the past week’s minorcorrection was history and
FX Daily
The result of the first ECB TLTRO will be announced and we expect a fairly low takeof EUR97bn.