Tag Archives: S&P
FI Eye-Opener: Credit risks forgotten again
Yields continued to climb on both sides of the Atlantic yesterday, more so in the US than in Europe. The German 10-year yield edged higher by about 2bp,
FX Daily
Today’s data calendar is very light. The main focus will probably be the April labourmarket report in the UK.
EUR/JPY could guide EURUSD lower. NOK/SEK trades higher
EURUSD: Sideways with a downside tilt. Buying above 1.3678 never materialized yesterday. The market instead went into a low session close after constant grind lower through the day.
FI Eye-Opener: Sounds of Silence
Asian stock markets mixed. Further intra-Euro-zone spread narrowing. Today industrial production numbers and ECB refinancing operation results. Auction action starting.
FX Daily
Outside Scandinavia we have a relatively light calendar today. In the euro area bothFrance and Italy will release industrial production (IP) for April,
€uro rebound seen continuing
EURUSD: Thursday’s spring bottom and key day reversal shouldcontinue to underpin upside attempts and
FI Eye-Opener: ECB rates to remain close to zero for an extremely long period
The huge bond rally continued in the Euro zone on Friday. The German 10-year yield plummeted by another 5bp,
FX Daily
Today’s data calendar is rather thin. The only releases due in Europe are the SentixInvestor Confidence survey and Spanish house price index.
EUR/USD targets 1.3734\50 before down & EUR/SEK moves to 9.1375
EUR/USD is targeting 1.3734\50 before down… USD/JPY is testing support at 102.20/11… A bullish GBP/USD candle just added shows demand…
FI Eye-Opener: ECB delivers, will payrolls?
The ECB delivered its easing package yesterday (see more below), and the initial market reaction was higher long yields, a steeper curve, a rally in peripheral bonds and a weaker euro.
FX Daily
The US job report will be the main focus today. We expect an increase in non-farmpayrolls of 250,000 but see risk of a pay-back from the extra strong April figure.
USD/JPY correction target met, NOK/SEK @ support
EURUSD: Given that we don’t now the outcome of today’s ECBmeeting we have to act on what Mr. Market is telling us.