FRANCE: Second Censure Motion Against Lecornu Gov't Falls Well Short Of Majority

Oct-16 10:18

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The second censure motion of the morning, submitted against the gov't of PM Sebastien Lecornu, has a...

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SOFR: SFRU8/Z8 Steepener Flow

Sep-16 10:17

SFRU8/Z8 paper paid 4.5 on 4.2K

EUR: EURJPY could target the 2025 high

Sep-16 10:10
  • The EUR continues to trade in strong territory, new fresh highs versus the JPY, SEK, CAD, AUD, NOK, and CHF.
  • Aside from the EURUSD and the next resistance at 1.1829, it is worth keeping an eye on the development in the EURJPY chart.
  • The next Obvious resistance is at the 2025 high of 173.97, also its highest print in just over a year, since July 2024.

LOOK AHEAD: US Retail Sales And Import Prices, Trump Departs For UK

Sep-16 10:09

US Data/Speaker Calendar (prior, estimate). All times ET

  • 09/16 0830 Retail Sales Advance MoM (0.5%, 0.2%)
  • 09/16 0830 Retail Sales Control Group MoM (0.5%, 0.4%)
  • 09/16 0830 Import Price Index MoM (0.4%, -0.2%)
  • 09/16 0830 Export Price Index MoM (0.1%, 0.1%)
  • 09/16 0830 NY Fed Services (-11.7, -5.8)
  • 09/16 0830 Trump departs the White House en route to London
  • 09/16 0915 Industrial Prod (-0.1%, -0.1%)
  • 09/16 0915 Cap Util (77.5%, 77.4%)
  • 09/16 1000 NAHB housing index (32, 33)
  • 09/16 1000 Business inventories (0.2%, 0.2%)
  • 09/16 1550 Trump arrives in London
    Source: Bloomberg, White House Pool, MNI