Banks
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European Central Bank: Contagion risk reshapes rate expectations – MUFG
MUFG’s Lee Hardman notes that unwanted tightening in Euro-zone financial conditions is prompting markets to pare back expectations for further…
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Euro: Pressured yet systemic risk contained – DBS
DBS strategist Philip Wee explains that EUR/USD’s four-week decline reflects shifting risk balances, with renewed Federal Reserve (Fed) tightening overshadowing…
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Equities: Strong earnings cycle offsets yield shock – Danske Bank
Danske Research Team reports that global equities ended last week only 0.5% lower despite a rapid rise in yields, with…
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British Pound: Rebound capped as downside bias lingers against US Dollar – UOB
United Overseas Bank (UOB) strategist Quek Ser Leang notes GBP/USD recovered to 1.3238 after failing to extend Thursday’s decline, but…
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Euro: Political risks weigh on common currency – Commerzbank
Commerzbank’s Thu Lan Nguyen argues that growing concerns over France’s public debt sustainability are now weighing on the Euro (EUR),…
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Oil: Diverging supply signals shape Brent – ING
ING’s Warren Patterson notes that ICE Brent has repeatedly dipped below $100/bbl but continues to settle above this level as…
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US data week: ISM, labor and sentiment in focus – TD Securities
Munoz and Nir expect a relatively quiet US data calendar, with ISM Services likely slipping to 54.0 versus 55.0 consensus,…
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US economy: Mixed labour and inflation picture – NBC Economics and Strategy
NBC Economics and Strategy highlights that U.S. nonfarm payrolls rose just 29K in September versus a 90K consensus, while the…
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US labour market: Softer jobs ease Fed hike risk – ABN Amro
ABN Amro’s Rogier Quaedvlieg notes September US labour market data came in weaker than expected, with payrolls at 29k versus…
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Canada labour market: Tariff effects assessed – RBC
Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took…
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