Banks
-

Federal Reserve: September hike bias shifts – ING
ING’s James Knightley argues Kevin Warsh’s Jackson Hole speech has shifted the Federal Reserve’s reaction function toward a September rate…
Read More » -

US Dollar: Near-term stabilization view – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is softer mainly against the Japanese Yen and Swiss…
Read More » -

Swiss Franc: Swiss data supports dip-buying case – Societe Generale
Societe Generale strategists note Swiss August Consumer Price Index (CPI) and second-quarter Gross Domestic Product (GDP) surprised to the upside,…
Read More » -

Canadian Dollar: BoC inflation focus and valuation divergence – MUFG
Derek Halpenny at MUFG notes the Canadian Dollar’s (CAD) immediate advance after the Bank of Canada left rates unchanged at…
Read More » -

Polish Zloty: NBP language turns cautious after FX pressure – Commerzbank
Commerzbank’s Tatha Ghose notes that NBP Governor Adam Glapinski used G20 remarks to shift towards a more neutral, flexible stance,…
Read More » -

Australian Dollar: Pullback eases with upside focus on 0.7200 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD dipped to 0.7122 before a strong rebound to 0.7176,…
Read More » -

Japanese Yen: Intervention jitters linger – ING
Chris Turner at ING notes that a near 1% drop in USD/JPY within minutes, followed by another slide, sparked talk…
Read More » -

US Dollar: Hedging impulse fades as holdings stabilize – BNY
BNY’s Geoff Yu notes that the July FOMC-driven Dollar hedging impulse has largely run its course, with early signs of…
Read More » -

Japanese Yen: Intervention risk may revive tactical longs – BNY
BNY’s Geoff Yu says JPY selling has largely run its course, while USD/JPY’s return toward 160 keeps intervention risk firmly…
Read More » -

Equities: Global stocks extend declines as yields rise – Deutsche Bank
Deutsche Bank’s Jim Reid notes that rising nominal and real yields pressured global equities, with US and European stocks falling and…
Read More »








