(Bloomberg) — Markets were whipsawed Friday by a combination of disappointing U.S. August jobs data and reports that European Central Bank officials may still be a ways away from detailing plans to scale back asset purchases. The greenback pared early losses as the euro fell, while Treasuries sold off throughout …
Read More »THE ASIA FX/RATES DAYBOOK: FX/RATES DAYBOOK ASIA: Soft Data Sinks Dollar, Lifts Treasuries
(Bloomberg) — The Canadian dollar stole the show after a strong GDP print sent the loonie flying. The greenback lost ground against all but one of its G-10 peers on weak inflation and housing data and after Treasury Secretary Mnuchin said a weaker dollar can help the U.S. on trade. …
Read More »FX/RATES DAYBOOK EUROPE: Dollar Gains Ahead of PCE; Eurozone CPI
(Bloomberg) — Dollar gains versus peers ahead of U.S. PCE and jobless claims data. Kiwi leads fall versus greenback, weakening initially on domestic data before getting sold further on AUD/NZD cross following better-than-expected Australia private capex data. TODAY Eurozone CPI, unemployment rate Germany retail sales, unemployment rate France CPI, PPI …
Read More »THE ASIA FX/RATES DAYBOOK: FX/RATES DAYBOOK ASIA: Treasuries Stuck in Range as Dollar Gains
(Bloomberg) — Dollar bulls caught a break after the greenback rallied on the heels of robust economic data, gaining ground against almost all of its G-10 peers. U.S. 10-year Treasury yields stayed within their narrowest trading range in three months as traders awaited tier-one inflation and payrolls data due Thursday …
Read More »FX/RATES DAYBOOK EUROPE: Kiwi, Aussie Rise; U.K. Mortgage Data
(Bloomberg) — Kiwi rebounded after falling briefly on RBNZ Governor Wheeler’s comment a weaker currency is needed to increase tradables inflation. Aussie dollar hovers below 0.80 versus the greenback after building and construction data beat expectations. TODAY * Eurozone August consumer, economic, industrial and services confidence * Germany, Spain CPI …
Read More »FX/RATES DAYBOOK ASIA: Havens Reverse as N. Korea Anxiety Eases
(Bloomberg) — Risk-off momentum reversed as markets looked past news that North Korea launched a missile over Japan, prompting equities and the dollar to rebound and Treasuries to pare gains. The dollar reversed a steep drop and ended Tuesday up against most of its G-10 peers. WHAT TO WATCH * …
Read More »U.S. DAYBOOK & OVERNIGHT: Bank of Montreal, Best Buy, H&R Block
(Bloomberg) — U.S. stock index futures decline with European shares, as oil slightly increases. Economic data include Conference Board Consumer Confidence Index for August. Bank of Montreal, Bank of Nova Scotia, Best Buy and H&R Block are among companies reporting earnings. U.S. MARKETS: * S&P 500 futures down 0.8% to 2,423.90 …
Read More »U.S. DAYBOOK & OVERNIGHT: Catalent, Parexel, Prospect Capital
(Bloomberg) — U.S. stock-index futures dropped slightly with European shares as oil was little changed. The U.K. market is closed for a holiday. Economic data include wholesale inventories and Dallas Fed manufacturing activity. Catalent, Parexel and Prospect Capital are among companies reporting earnings. U.S. MARKETS: * S&P 500 futures down …
Read More »U.S. DAYBOOK & OVERNIGHT: Hurricane, Jackson Hole, HTC, Big Lots
(Bloomberg) — U.S. stock-index futures fluctuate after European and Asian shares rose with oil before Fed Chair Janet Yellen’s speech at Jackson Hole. Economic data include durable goods orders. Big Lots is reporting earnings. U.S. MARKETS: * S&P 500 futures down 0.1% to 2,438.00 * Brent futures up 0.7% to …
Read More »Debt ceiling drama continues: 5 things to know today in Asia
Debt ceiling debate still front and center, weather back in the headlines, and markets in wait and see mode. Here are some of the things people in markets are talking about. Debt Ceiling Drama Continues This time on Twitter, of course. U.S. President Donald Trump took to the social media …
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