FX Daily: Peso too strong, renminbi too weak, dollar just right
August nonfarm payrolls is the main focus ahead of a long weekend in the US
The Commodities Feed: Risk off move continues
The complex came under further pressure yesterday, dragged down by weakness across risk assets. Price action later today will likely be dictated by the US…
Key events in developed markets next week
US jobs numbers will help determine whether the Fed hikes by 50bp or 75bp in September – for now, we favour the former. Eurozone inflation data will…
Ever lower interest rates are driving greater appetite for risk assets. In the case of eurozone sovereign spreads, this tightening has also come on the…
The US jobs market is still extremely tight and that means jobs growth will be limited to half a million and wage pressures will continue to build. The…
Central Banks: Busy doing nothing