In the G10 currencies today, USD and NZD are among the top gainers while CHF and JPY are the worst performers. USD is firming today given strong manufacturing PMI numbers and unexpectedly high Adp employment change yesterday. AUD was also subdued following weak trade balance data overnight. Elsewhere, the German Retail sales reported unexpectedly strong numbers (2.3% actual vs 1.1% expected) but we may not see much of an EUR move before inflation rate later today. In the equities space, the Nikkei has closed up by 0.89% at 23714.53, following record closes in New York once again. The European equities have also opened firmer with FTSE flat, DAX up 0.4%, CAC up 0.2% and EuroStoxx up 0.1%. In the rates market, the Bund 10-year yield has fallen from week high of 0.46%, now trading at 0.43% while the US 10-year yield continues to consolidate around 2.46%. In the energy space, the Brent is now consolidating at $67.87, just under the $68.0 mark. In terms of the key data today, the Euro-area Inflation rate (flash) is due at 1000GMT, Canada's employment data and the US NFP data are both due at 1330 GMT.
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