Tag Archives: USD/CNY
Daily FX Update
NONFARM TO BE KEY FOR TAPERING AND USD OUTLOOK * USD is weak as market pushes out Fed tapering into 2014.
US Morning Update
Major Overnight Headlines • Chinese Q3 GDP grows 7.8% YoY, matching expectations; Sept. retail sales & IP generally in-line
China Q3 GDP – target this year is saved
Just as most macro indicators have been suggesting for the past couple of months, the Chinese economy has stabilised during Q3 and growth accelerated to 7.8% y/y,
Asian FX Update
ASIAN REGION FX SUPPORTED ON WEEK BY FALLING US RATES • US 10yr falls below 2.6%, with lower US yields to provide better external funding support to EM Asia.More…
Two Puzzles: US equity flows and Chinese data
The US equity flow puzzle International investors have bought four times as many Euro-area equities as US equities over the past year,
US Morning Update
Major Overnight Headlines • Euro Area industrial output at 1.0% MoM in August versus a rise of 0.8% expected, previous revised up
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.
Weekly Economic & Financial Commentary
U.S. Review Turn Those Machines Back On! * After the second week of limited economic indicator releases and watching the state of the federal government in suspended animation,
Close Encounters of the Third Plenum
After a year of intense planning and political maneuvering, China’s new leadersdon’t appear to have much to show for their efforts.
Sell GBP and CAD. USD/NOK bull flag ready to go
EUR/USD: So far the market is following the textbook step by step.False range breaks (last week ended with an up thrust peakabove 1.3569) have a strong tendency of
The Global Macro Pulse
Overnight Price Action The S&P fell 1.2% in New York, but the combination of news that the White House is considering a temporary increase in the
The Global Macro Pulse
Overnight Price Action The 0.9% fall in the S&P overnight led most Asia equity markets to open weaker, but they rapidly reversed to trade up on the day.