Your forexlive.com ENewsletter |  |
- UK Press: BOE Bean: Misguided To Want High Inflation
- EUR/USD Unwinding Some of Yesterdays Losses
- Halifax: UK House Prices Fall O.4% On Month In May
- Hungary Forint Up 1% against Euro
- Here We Go Again – EU Bond Spreads Widen Further
- JPY Crosses Remain Bid
- SNB Hildebrand:New Rules Shld Allow Liquidating Troubld Banks
- Germany Confirms To Sell E5 Bln New 6-Month Bubills June 14
- O/N Deposits at ECB Fall Back from Record Levels
- ECB: E55.416 Bln Covered Bond Purchases Settled Jun 3
- Welcome to “Bingo” Friday
- EUR/CHF: US consultants reckon SNB cannot continue to intervene
- Japan Parliament Elects DPJ Leader Kan As Prime Minister -2-
- Japan Parliament Elects DPJ Leader Kan As Prime Minister -1-
- AUD/USD: real money funds continue to sell
- Volatility; the enemy of the ‘carry trader’
- Quick look at the order book
- NFP tipping contest
- ForexLive Asian market wrap: Kan elected as new Japanese PM
- Japan MOF Kan Elected New Ruling Party Head, Set To Become PM
| UK Press: BOE Bean: Misguided To Want High Inflation Posted: --Bean Sees Risks To Inflation In Both Directions --More Likely Than Not Spare Capacity Will Weigh Down On Inflation --Bean: Won't Hesitate To Act If Infl. Expectations Threaten CPI Target LONDON (MNI) - Bank of England Deputy Governor Charles Bean warned against falling for the ... |
| EUR/USD Unwinding Some of Yesterdays Losses Posted: EUR/USD continues to crawl higher in Europe today whilst Asia showed little interest in the downside after NY closed at 1.2162. All up it has been slow move higher although position squaring ahead of NFP and option maturities at 1.22 appear to have played their part. EUR/USD last at 1.2203. |
| Halifax: UK House Prices Fall O.4% On Month In May Posted: --House Prices Down 0.4% m/m In May; Up 6.9% 3m y/y ... |
| Hungary Forint Up 1% against Euro Posted: Another one to receive a fair amount of comment yesterday was a ruling party leader talking the financial picture of the economy down yesterday..."Greek style crisis." All up market appears to be calling his bluff. I am no expert on Hungarian politics but word is new government blaming the financial position on the previous government ... |
| Here We Go Again – EU Bond Spreads Widen Further Posted: Just out over Reuters - Spanish/German 10-yr bond spreads now at lifetime high of 192ps. Italian/German 10-yr spreads at 168bps highest since Jan 2009, French/German spreads at 39bps highest since May 2009. Market has not reacted - looks like we are on hold til NFP in which case we could see ... |
| Posted: It goes without saying that JPY crosses have been bid this week. Especially AUD/JPY and GBP/JPY......EUR/JPY has been somewhat of a laggard. Most point to the Japanese PM resignation and the likely (then confirmed today) appointment of FinMin Kan who is known for wanting a weak Yen in order to fight ... |
| SNB Hildebrand:New Rules Shld Allow Liquidating Troubld Banks Posted: BERLIN (MNI) - Switzerland needs to draw up regulations that allow for an orderly liquidation of troubled major banks, otherwise the country would be "extremely vulnerable" in the case of another banking crisis, Swiss National Bank President Philipp Hildebrand said in the text of a ... |
| Germany Confirms To Sell E5 Bln New 6-Month Bubills June 14 Posted: FRANKFURT (MNI) - The German federal government will auction E5 billion in new 6-month bubills on Friday, June 11, the Bundesbank confirmed Friday. The formal tender offer will be made on Friday, June 11. Bids are due by 0900 GMT ... |
| O/N Deposits at ECB Fall Back from Record Levels Posted: This got plenty of airplay yesterday when overnight deposits at the ECB hit a record high at E320.2bln. Market viewed this as a fear factor in that the banks are unwilling to lend to each other preferring the safety of the ECB. Out over Reuters a short time ago, the ... |
| ECB: E55.416 Bln Covered Bond Purchases Settled Jun 3 Posted: FRANKFURT (MNI) - The European Central Bank said Friday that a total of E55.416 billion Eurosystem covered bond purchases had settled as of June 3. As of June 2, settled acquisitions had totaled E55.332 billion, the ECB said Thursday. The ... |
| Posted: In other words US Non Farm Payrolls. Analyst estimates range from 200k to a whopping 800k. In other words it is anyones guess. Reuters median estimate is 510k. To be honest it is not a number worth betting on. Time and time again we have seen whip[saw activity with stops ... |
| EUR/CHF: US consultants reckon SNB cannot continue to intervene Posted: For those who missed it overnight, a US based consultant issued a report which was particularly bearish for EUR/CHF. They concluded that the SNB could not continue to intervene in EUR/CHF as they have in recent months which would logically mean that the cross has further to fall. The SNB was very ... |
| Japan Parliament Elects DPJ Leader Kan As Prime Minister -2- Posted: TOKYO (MNI) - On the policy front, new Prime Minister Naoto Kan is known for his fiscal conservatism. He has called for a tax hike to allow the government to secure a stable funding source for additional public spending on ... |
| Japan Parliament Elects DPJ Leader Kan As Prime Minister -1- Posted: TOKYO (MNI) - Ruling Democratic Party of Japan President Naoto Kan was elected prime minister in parliament on Friday, succeeding his fellow DPJ lawmaker and long-time ally Yukio Hatoyama, who resigned this week due to broken election campaign promises. Kan ... |
| AUD/USD: real money funds continue to sell Posted: A few short weeks ago we reported consistently on the presence of real money funds selling the AUD/USD at levels around .9250/.9300 when they were pretty much the only bears. These same funds obviously haven't sold enough yet as they have been quite active over the last few days, selling ... |
| Volatility; the enemy of the ‘carry trader’ Posted: Interesting piece from the FT which would have been a lot more helpful a few weeks before the 10% clean-out spike in EUR/AUD than a few weeks after! |
| Posted: USD/JPY: corporate sell orders layered between 92.85/93.15 EUR/USD: 1.21/1.25 double-no-touch; bids starting at 1.2130 level, big stops below 1.2100; heavy sell orders 1.2325/35 Cable: sell orders building around 1.4700/15 AUD/USD: real money offers solid .8520/70 |
| Posted: Please click on the link and follow Jamie's instructions if you'd like the chance to win a magnificent ForexLive T-shirt. Jamie is off tonight so Gerry will move forward a few hours and I'll keep things ticking over until help arrives. If it's anything like the last few hours, I mightn't need ... |
| ForexLive Asian market wrap: Kan elected as new Japanese PM Posted: Naoto Kan elected new Japanese PM Level of Japanese public debt remains a big issue IMF not properly resourced: steering committee Britain cannot inflate its way out of public debt: BoE's Bean Very quiet session in Asia today with EUR/JPY rattling around in a 40 pip range and nothing much else moving. EUR/CHF consolidated ... |
| Japan MOF Kan Elected New Ruling Party Head, Set To Become PM Posted: TOKYO (MNI) - Deputy Prime Minister Naoto Kan won Friday a ruling party election to lead the Democratic Party of Japan, paving the way for the veteran liberal politician with a grassroots activist background to assume the premiership later today. ... |
| You are subscribed to email updates from ForexLive To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment