Region: Europe
-
Pound firms before focus shifts to US inflation
Light positioning before crucial CPI report. Pound boosted by cabinet shuffle and wage data. EUR on defence awaits next catalyst.
-
US credit downgrade highlights debt risks
Bad news is good news. Dawning data deluge to steer sterling. Waiting for the European bottom.
-
Uncertainties continue to shape the market environment
Failed auction, hawkish Powell and a cyberattack. UK economy defies contraction expectations. Weak Chinese data renews stimulus hopes.
-
Eyes on Treasury auctions as yields slide
US debt auctions matter again. Bailey’s efforts to rescue Sterling fall short. Euro in wait-and-see mode.
-
Fed fights back
Retreatment of yields noted by the Fed. BoE rate cut bets weigh on pound. Disappointing German data hurts euro.
-
Risk-on fades after the weekend
Slight retracement of the optimism. EUR/USD rally stalls. Failure at key level triggers sharp pullback.