Tag Archives: S&P
Markets just made a fine mess of – almost everything… USD AND S&P500 simultaneously weaker?
EUR/USD: Europe went home at ~1.3250 and comes back to market a full big fig higher… Don’t see what this might bring,
FX Daily
Market movers today • In the euro area the trade balance for June will give insight into whether the end of the recession was driven by growth abroad.
GBP, AUD & SEK stronger and USD is somewhat weaker
EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought.
FX Daily
Market movers today • Today we get a lot of US data. The two early releases of regional PMIs for August – Empire and Philly Fed
The dollar takes a small breather before up again
EUR/USD: The bounce from yesterday’s low is not major, but should ideally come in a 3-wave fashion (“A-B-C”).
FX Daily
Market movers today • Today’s release of euro area GDP will probably mark the end of six quarters of recession. Our hard data model suggests a 0.1% q/q increase.
FX Daily
Market movers today • Today’s most interesting release is US retail sales for July. We expect to see an increase in the core measure of retail sales
USD/JPY is likely to extend gains further
EUR/USD: Another moderate euro-loser was added yesterday. The micro-term move off yesterday’s low looks correctional and
FX Daily
Market movers today • Bank of Japan Governor Kuroda speaks after the central bank meeting. It will be interesting to hear whether Kuroda opens the door for more future stimulus.
More JPY strength. NOK/SEK liked lower.
EUR/USD: Yesterday’s downside attempt never made it to the confirmation point, 1.3233, before renewed buying pushed the pair up to a marginally (2pts) new correction high.
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals
FX Daily
Market movers today • We expect German industrial production to decline 0.2% m/m in June as manufacturing PMI decreased in June and factory orders were down 0.5% m/m in May.