External broker reports(aggregated public sources), Scotiabank

Scotiabank

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External broker reports(aggregated public sources)

FX & Rates

<ul><li>FX Market Update—The USD remains firm but gains versus the core majors are relatively minor, leaving the more significant USD advances on day so far concentrated against the likes of the MXN and ZAR as well as the NOK and SEK.</li><li>The GBP, CHF and JPY are all down less than 0.1% while the EUR is fractionally higher at writing. Stocks are lower in Asia and Europe while US futures are weaker.</li><li>Crude prices are slightly lower and bond market volatility remains elevated. US 10Y yields are up 9-10bps in overnight trade, reaching a little above 5%, while core European yields are up 7bps or so on the day. </li></ul><p><em>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.</em></p>

FX Market Update—The USD remains firm but gains versus the core majors are relatively minor, leaving the more significant USD advances on day so far concentrated against the likes of the MXN and ZAR as well as the NOK and SEK.The GBP, CHF and JPY are all down less than 0.1% while the EUR is fractionally higher at writing. Stocks are lower in Asia and Europe while US futures are weaker.Crude prices are slightly lower and bond market volatility remains elevated. US 10Y yields are up 9-10bps in overnight trade, reaching a little above 5%, while core European yields are up 7bps or so on the day. 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 Firmer but Core Majors Hold Steady