Tag Archives: S&P

FX Daily

After the significant easing steps in June we expect ECB to largely repeat themessage from the June meeting at today’s meeting.

FI Eye-opener: Let the bubbles build

The much stronger than expected US ADP jobs pushed safe haven bond yields clearly upwards. 10-year US Treasury yield jumped 6bp to 2.63%,

AUD/USD bull trap? EUR/HUF major break higher!

EURUSD: So far at least a minor attempt to form a peak noted. Thesmall rejection from above the 1.3686 equality point and

FX Daily

A relatively light data calendar. The most interesting release is the ADP privateemployment report in the US that will

FI Eye-opener: Party on

US equity markets inched to new highs with the ok US and Chinese data and the US 10-year Treasury yield jumped 5bp to 2.57%.

€ at/close to a potential turning point. SEK reaction.

EURUSD: The first step of yesterday’s outlined scenario, the move upto 1.3678/86, has been taken so now it remains to be seenwhether the second one,

FX Daily

While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.

FI Eye-Opener: What goes up, will come down even harder

German bond yields fell yesterday, as did US yields, but the moves were quite limited. The German 10-year yield ended the day lower by some 2bp,

Stronger yen. Lurking SEK buyers?

EURUSD: After Thursday’s downside failure the buyers were in thedriver’s seat Friday and the week ended on a positivefooting.

FI Eye-Opener: Another financial crisis?

German bond yields rebounded a bit higher on Friday on the back of higher-than-expected German inflation numbers,

FX Daily

We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.

Weekly Report

GBP has valid reasons to strengthen The UK’s semi-annual Financial Stability Report highlighted the risks behind UK’s high level of