Saturday , April 20 2024
Home / Tag Archives: Eurozone Services PMI

Tag Archives: Eurozone Services PMI

FX Daily, June 3: Dollar is Sold and ROW is bought

Swiss Franc The Euro has risen by 0.42% to 1.0791 EUR/CHF and USD/CHF, June 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Two recent trends continue. Equities are moving higher, and the dollar remains heavy. Equity markets in the Asia Pacific region rose at least one percent, and South Korea, Singapore, and Malaysia rallied 2-3%. Europe’s Dow Jones Stoxx 600 is up more than 1% for the third consecutive...

Read More »

FX Daily, November 6: Markets Catch Collective Breath as Dollar Consolidates Yesterday’s Advance

Swiss Franc The Euro has risen by 0.14% to 1.1008 EUR/CHF and USD/CHF, November 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors seem to be catching their collective breath today, and the global capital markets are consolidating recent moves. A notable exception is the Chinese yuan, which has continued to strengthen, and the dollar has slipped back below CNY7.0. Asia Pacific equities were mixed, and...

Read More »

FX Daily, October 24: Flash PMIs Disappoint Despite Negative Interest Rates

Swiss Franc The Euro has fallen by 0.08% to 1.1014 EUR/CHF and USD/CHF, October 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: As the UK awaits the EU’s decision on its request, disappointing flash PMI readings Japan, Australia, and Germany have filled the news vacuum. Sweden’s Riksbank retained a hawkish tone while keeping rates on hold, and Norway’s Norges Bank also stood pat. The market expects Turkey to...

Read More »

FX Daily, October 3: Shades of Q4 18?

Swiss Franc The Euro has risen by 0.34% to 1.0959 EUR/CHF and USD/CHF, October 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Disappointing economic data again drove US equities lower, which in turn carried into Asia Pacific activity. Losses were recorded throughout the region, with the notable exception of Hong Kong. The Nikkei and Australia’s ASX were off by 2%. After its largest losing session of the year...

Read More »

FX Daily, July 03: Yields Extend Decline

Swiss Franc The Euro has fallen by 0.05% at 1.112 EUR/CHF and USD/CHF, July 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Interest rates are lurching lower. The US 10-year yield is at new two-year lows, but the driver is European bonds where peripheral yields are 6-7 bp lower, though Italy’s benchmark is off 12 bp, while core yields are down 2-3 bp to new...

Read More »

FX Daily, May 23: Trade, Brexit, and Disappointing Flash PMIs Weigh on Global Markets

Swiss Franc The Euro has fallen by 0.43% at 1.121 EUR/CHF and USD/CHF, May 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The deterioration of the investment climate is spurring the sales of stocks and the buying of bonds. The dollar is firm. China and the US appear to be digging as if the trade tensions will remain for some time and the breech is beginning...

Read More »

FX Daily, May 06: Trump’s Tariff Tweets Help Investors Discover Volatility

Swiss Franc The Euro has risen by 0.04% at 1.1399 EUR/CHF and USD/CHF, May 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Reports that a US-China deal could be struck by May 10 before the weekend left investors ill-prepared for the presidential tweets yesterday that announced that the US was ending the tariff truce. Trump indicated that the 10% tariff on $200...

Read More »

FX Daily, April 18: EMU Disappointment Lifts the Dollar

Swiss Franc The Euro has fallen by 0.15% at 1.1393 EUR/CHF and USD/CHF, April 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A bout of profit-taking in equities began in the US yesterday and has carried through Asia and Europe today. The MSCI Asia Pacific Index fell for the first time in five days, while the Dow Jones Stoxx 600 is snapping a six-day advance....

Read More »

FX Daily, August 03: Greenback Remains Firm Ahead of Jobs, JGBs Stabilize, Italian Debt Moves into Spotlight

Swiss Franc The Euro has fallen by 0.19% to 1.1503 CHF. EUR/CHF and USD/CHF, August 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading at the upper end of its recent ranges against the euro and sterling. The euro finished below $1.16 yesterday for the first time since the end of June and has not been able to resurface that level so far today. We...

Read More »

FX Daily, June 5: Sterling Jumps Ahead, While US Equities Have Small Coattails

Swiss Franc The Euro has fallen by 0.23% to 1.1526 CHF. EUR/CHF and USD/CHF, June 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There are several euro options that expire today and are stacked every quarter of a cent from $1.1675 to $1.1750. The size of the options increase with the price beginning with 688 mln euros at $1.1675, then 775 euros at $1.17, 1.1 bln euros...

Read More »