Tag Archives: S&P
USD/JPY key support broken. A lurking SEK reaction?
EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but
FX Daily
In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.
FI Eye-Opener: Rates keep falling on my head
Souring risk sentiment sunk equity markets and supported government bonds. Smaller than expected increase in US consumer spending,
AUD/NZD resuming its bear trend. Bonds in demand
EURUSD: The attempt to rise above the 1.3644 resistance was sooncaptured and the market thereafter returning back into itsprior range.
FX Daily
Today US PCE core inflation is due for release and we expect the PCE core toincrease to 1.5% y/y in May from 1.4% y/y in April.
FI Eye-Opener: Forget Q1 – US economy doing much better already
Bonds rallied on both sides of the Atlantic, but especially in Germany, while more bull-flattening was seen.
Continued AUD, SEK & ZAR weakness
EURUSD: For the fourth consecutive day the market ended basicallyunchanged but with intraday spikes on both sides.
FX Daily
The main data release today is US durable goods orders where focus will be oncore orders. The series is quite volatile and
FI Eye-Opener: Bulls not gone to holiday yet
German bond yields ended yesterday with very limited moves, but US bonds rallied towards the evening despite positive economic data,
Imminent AUD peak? Looking to buy $/SEK & NOK
EURUSD: Bear triangle still at play. As previously outlined more meandering is expected duringthe beginning of the week.
FI Eye-Opener: US and Euro-zone PMIs move in opposite directions
German bond yields fell and the curve bull-flattened yesterday, as Euro-zone PMIs disappointed. Longer US yields, however, ended the day higher, as US data looked much better.
FX Daily
The German IFO business survey will give more information about whether thenegative impact from the global slowdown in Q1 is about to fade.