External broker reports(aggregated public sources), Scotiabank

Scotiabank

External broker reports(aggregated public sources)

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

FX & Rates

<ul><li>The USD is trading generally softer so far today after four consecutive daily gains that have taken the DXY index to test its 200-day MA.</li><li>That benchmark is holding for a third consecutive day and a lower closer on the session today would give the charts an obviously more negative look.</li><li>Still, firm US Retail Sales data yesterday add to signs that the US economy continues to move along at a very decent clip. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The USD is trading generally softer so far today after four consecutive daily gains that have taken the DXY index to test its 200-day MA.That benchmark is holding for a third consecutive day and a lower closer on the session today would give the charts an obviously more negative look.Still, firm US Retail Sales data yesterday add to signs that the US economy continues to move along at a very decent clip. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Daily - USD Slips Back, GBP Outperforms on CPI

<ul><li>The USD is trading firmly but is off earlier highs on the session as US yields help shape FX trends.</li><li>Slightly firmer than expected PPI figures Friday gave US yields some additional lift before markets slipped modestly on the back of weaker inflation expectations in the U. Michigan data.</li><li>USD sentiment appears to be improving somewhat; Friday’s CFTC data showed some reduction in overall short USD positioning, mainly reflecting a large-ish reduction in net EUR longs over the week. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The USD is trading firmly but is off earlier highs on the session as US yields help shape FX trends.Slightly firmer than expected PPI figures Friday gave US yields some additional lift before markets slipped modestly on the back of weaker inflation expectations in the U. Michigan data.USD sentiment appears to be improving somewhat; Friday’s CFTC data showed some reduction in overall short USD positioning, mainly reflecting a large-ish reduction in net EUR longs over the week. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Daily - USD Firm but Off Early High in Quiet Trade

<ul><li>Markets retain a cautious undertone after China reported weaker than expected loan data (new loans dropped to the lowest since 2009), underscoring growth concerns.</li><li>The CNY weakened to its lowest level in a month. Global stocks are trading lower while major bond markets (ex Treasurys are weaker).</li><li>The USD is holding relatively firm amid soft risk sentiment, near yesterday’s high in DXY terms, but gains are not universal, and the dollar index still appears to be encountering resistance in the mid/ upper 102 area after rebounding strongly from the intraday lows seen around the US CPI report yesterday. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Markets retain a cautious undertone after China reported weaker than expected loan data (new loans dropped to the lowest since 2009), underscoring growth concerns.The CNY weakened to its lowest level in a month. Global stocks are trading lower while major bond markets (ex Treasurys are weaker).The USD is holding relatively firm amid soft risk sentiment, near yesterday’s high in DXY terms, but gains are not universal, and the dollar index still appears to be encountering resistance in the mid/ upper 102 area after rebounding strongly from the intraday lows seen around the US CPI report yesterday. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Daily - USD Mixed Amid Soft Risk Sentiment

<ul><li>The USD is trading mixed to slightly firmer as markets show signs of calming after the volatility seen earlier in the week. Stocks are trading higher in Europe and rose modestly in Asia; US equity futures are positive.</li><li>US 10Y yields are holding near the recent high at 4.20% but intraday trends are largely tracking other major bond markets.</li><li>Commodities are mixed to firmer (crude and iron ore). The NOK and AUD are moderate outperformers on the day (reflecting gains in relevant commodities noted above). </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The USD is trading mixed to slightly firmer as markets show signs of calming after the volatility seen earlier in the week. Stocks are trading higher in Europe and rose modestly in Asia; US equity futures are positive.US 10Y yields are holding near the recent high at 4.20% but intraday trends are largely tracking other major bond markets.Commodities are mixed to firmer (crude and iron ore). The NOK and AUD are moderate outperformers on the day (reflecting gains in relevant commodities noted above). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

<ul>
<li>FX Market Update —The USD is trading defensively against its major currency peers as markets position for today’s US inflation data.</li>
<li>Stocks are firmer across the globe and major bond markets are stronger, pushing US 10Y yields down 2 -3bps; commodities are mixed to slightly firmer.</li>
<li>The overall mood suggests markets are expecting solidly positive news from the 8.30ET release. Indeed, CPI is expected to reflect a sharp fall in headline prices in the June year.</li>
</ul>
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.


FX Market Update —The USD is trading defensively against its major currency peers as markets position for today’s US inflation data.
Stocks are firmer across the globe and major bond markets are stronger, pushing US 10Y yields down 2 -3bps; commodities are mixed to slightly firmer.
The overall mood suggests markets are expecting solidly positive news from the 8.30ET release. Indeed, CPI is expected to reflect a sharp fall in headline prices in the June year.

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FX Daily - USD Trades Defensively Ahead of CPI

United States

The U.S. Dollar Index(USDX) indicates the general int'l value of the USD. The USDX does this by averaging the exchange rates between the USD and major world currencies. The ICE US computes this by using the rates supplied by some 500 banks. FOR REAL TIME SEE EIS ICEA<GO>.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Dollar Index (DXY CURNCY)

FX Daily - USD Slips Back, GBP Outperforms on CPI

The USD is trading generally softer so far today after four consecutive daily gains that have taken the DXY index to test its 200-day MA.

Scotiabank

FX Daily - USD Firm but Off Early High in Quiet Trade

Slightly firmer than expected PPI figures Friday gave US yields some additional lift before markets slipped modestly on the back of weaker...

Scotiabank

FX Daily - USD Mixed Amid Soft Risk Sentiment

Markets retain a cautious undertone after China reported weaker than expected loan data (new loans dropped to the lowest since 2009), underscoring...

Scotiabank

FX Daily - USD Mixed Ahead of Jobs Data

Commodities are mixed to firmer (crude and iron ore). The NOK and AUD are moderate outperformers on the day (reflecting gains in relevant...

Scotiabank

FX Daily - USD Trades Defensively Ahead of CPI

Stocks are firmer across the globe and major bond markets are stronger, pushing US 10Y yields down 2 -3bps; commodities are mixed to slightly firmer.

Scotiabank

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)