Tag Archives: S&P

FI Eye-opener: (Too) Great Expectations

Long yields stayed at rock bottom levels yesterday with German Bund yield pretty stable at 0.94%.

In terms of data releases we have a very light global calendar. In Germany the GfKconsumer confidence for September is released.

A healthy EUR/USD rebound within the coming days, possibly towards 1.3297-1.3310 would be welcome…

rowing hopes the ECB will to do more pressured yields to new lows once more in Euro area.

Focus is expected to be on the Ukraine crisis once again, as there is an event inBelarus’s capital Minsk, where top officials from

The last week of August is usually known for thin market conditions and lackluster trading as the movers and

EURUSD: The correction attempt faded faster than expected asalready the 1.3289/98 resistance became a too big obstacleto overcome.

Risk sentiment got hit on Friday by news that a Russian aid convoy had crossed Ukrainian border without permission from Kiev.

Focus is likely to be on comments from the Jackson Hole Central Bank conference.Especially Draghi’s dovish ones are likely to be in focus.

EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering.

Focus will be on Janet Yellen’s speech in Jackson Hole at 16:00 CET. Yellenspeaks on the subject of the labour market

German Bund yields stayed one more day at a touch below 1% clearly ignorant of anything that goes on in the other markets.