External broker reports(aggregated public sources), Scotiabank

Scotiabank

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.

External broker reports(aggregated public sources)

FX & Rates

<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>
<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 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

Dollar Index

FX Daily - USD Trades Defensively Ahead of CPI