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Tuesday, August 27, 2024

European Markets Wrap-Up: German Consumer sentiment -22 vs -18.2 expected

German Consumer sentiment -22 vs -18.2 expected

German Consumer Sentiment for September:-22 vs -18.2 expected... 

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Swedish PPI YY for July -0.1 vs 0.8% prior

Swedish Household Lending Growth YY for July: 0.7 vs 0.7% prior Swedish PPI YY for July: -0.1 vs 0.8% prior Swedish PPI MM for July: -1.4 vs -0.4% prior PPI YY Sweden... 

BofA likes the USD lower and GBP higher

USD: Bearish The bank expects a weaker USD in the medium term due to anticipated Fed rate cuts and slower US growth. But downside is somewhat balanced by the fact that a significant amount of easing i... 

Goldman maintains recommendation to stay long GBPCHF

GBP has testified of its high beta properties after its rapid recovery in August alongside other risky assets Expected downside in EURGBP below 0.85 and upside in GBPUSD above 1.30 to extend Maintains... 

Fed officials keep door to 50bp cuts open

Fed officials continue to keep the possibility of a 50bp on the table. Yesterday's comments from Daly sounded similar to that of Powell that they don't want to see further weakening of the economy and... 

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Latest Forex Orders

FX option expiries for 23 August 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.1100 level again. Similar to yesterday, the expiries are likely to help lock price action from fa... 

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