AMERICAS OIL: US: Trump Touts Auto Jobs Boom, Says CA Tariffs Could Come Today

Mar-07 17:19

US: Trump Touts Auto Jobs Boom, Says CA Dairy/Lumber Tariffs Could Come Today US President Donald Tr...

Historical bullets

EUR: Focus on Activity Data & BoE Tomorrow

Feb-05 17:10
  • Mixed performance for the Euro against G10 peers on Wednesday, as softer US ISM Services prompts some EURUSD strength, however, the significant yen outperformance has weighed heavily on EURJPY (-1.00%), with price action supported by overnight Japanese wage figures.
  • While single currency sentiment continues to be impacted by Eurozone growth concerns, there will be some attention on the 'core' figure of German factory orders on Thursday to provide the latest update. However, the data is unlikely to alter the narrative of industrial weakness, which appears well factored in at this juncture.
  • More importantly, the Bank of England will headline tomorrow, and we think its Bank Agent's Pay Settlement Survey could provide some signal on policy ahead. EURGBP’s renewed weakness this week will provide some focus on the cross, having pulled further away from trendline resistance in recent weeks.
  • Short-term resistance for the cross stands at 0.8363/69, the Jan 3 high / 20-day EMA, while initial support would be located at 0.8248, Monday’s low. Below here, the key 2022 low at 0.8203 comes back into focus, the weakest point of a multi-year range.

FED: US TSY TO SELL $42.000 BLN 10Y NOTES FEB 12, SETTLE FEB 18

Feb-05 17:05
  • US TSY TO SELL $42.000 BLN 10Y NOTES FEB 12, SETTLE FEB 18

FED: US TSY TO SELL $25.000 BLN 30Y BOND FEB 13, SETTLE FEB 18

Feb-05 17:05
  • US TSY TO SELL $25.000 BLN 30Y BOND FEB 13, SETTLE FEB 18