Market Notes: New Zealand’s Interest Rate has left unchanged at 2.50% as expected and the dovish comments of RBNZ had this effect and weakened the NZD. Today we have a Swiss decision at 12:00. As a result...
Past Events: • USD Federal Budget Balance out at -220.9B versus expected -207.5B, prior -42.6B• USD Crude Oil Inventories out at 1.4M, versus expected 1.9M, prior 4.1M• GBP Manufacturing Production m/m out at -0.9%, versus expected 0.3%,...
Market Notes: Sterling continues to be the weakest kid on the block due to the weight of weak data.Chinese exports showed a 45.7% annual increase this morning while imports grew 44.7%, adding fuel to the global recovery...
Past Events: • EUR German Industrial Production m/m out at 0.6% versus expected 1.1%, prior 1.0%• GBP BRC Retail Sales Monitor y/y out at 2.2% versus expected -0.7%• GBP RICS House Price Balance out at 17%, versus...
Past Events: • USD Non-Farm Employment Change out at -36K, versus expected -56K, prior -26K• USD Unemployment Rate out at 9.7%, versus expected 9.8%, prior 9.7%• USD Average Hourly Earnings m/m out at 0.1%, versus expected 0.2%...
Past Events: • EUR Minimum Bid Rate out at 1.0% versus expected 1.0%, prior 1.0%• GBP Official Bank Rate out at 0.5% versus expected 0.5%, prior 0.5%• GBP Asset Purchase Facility out at 200B versus expected 200B,...
ECB and BoE key rate announcements today, followed by US Non-Farm Payrolls out tomorrow Past Sessions: • USD ADP Non-Farm Employment Change out at -20K, versus expected -15K, prior -60K (revised)• USD ISM Non-Manufacturing PMI out at...
Market Notes: Bank of Canada has left the interest rate unchanged at 0.25%, but sounded hawkish in its accompanying statement by noticing that economic activity was expanding quicker than anticipated.
Market gears up for a very busy end to the week: ECB minimum bid rate and BoE official bank rate out tomorrow, followed by US Non-Farm Payrolls on Friday. Past Events: • CAD Overnight Rate out at...
Market Notes: Reserve Bank of Australia hikes policy rate 0.25 point to 4% as expected. Yesterday’s strong GDP numbers gave the CAD a lift but markets will be watching the BOC‘s public speaking, bearing in mind currency...