Region: Europe
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Fed ignites global risk rally
Markets commit to September cut. BoJ, Fed done – BoE next. Euro trends higher as inflation runs too hot.
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Cautiousness prevails ahead of the Fed
Waiting for Wednesday. Pound lags G10 peers ahead of BoE. Euro trends lower after the data dump.
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Central banks in spotlight this week
US data dump and Fed loom. A hawkish BoE cut? Seasonality may soon turn against euro.
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Position liquidation eases; PCE inflation eyed
Equity slump and huge yen rally stabilise. Pound at the mercy of global sentiment. Euro regains $1.085 handle despite US growth upside.
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Wipeout Wednesday on Wall Street
Policy divergence prompts big swings in yen. Risk aversion punctures pound. Euro bounces from a 2-week slump despite PMIs disappointment.
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Dollar gains ahead of key Europe data prints
Markets quiet as BoC steps on stage. The final piece of the BoE puzzle. Euro on a back foot amid cautious sentiment.