Free Trial

Global Market Focus On US Data, USD Index Falls 0.5%

LATAM
  • The shift lower in the front-end of the US yield curve continues to exert its influence, with USD/JPY now close to 5% off the multi-year highs printed in mid-July. The JPY continues to be the notable mover following the US GDP data, with the broad dollar index just falling 0.5% on Friday.
  • Focus looking forward turns to the MNI Chicago Business Barometer for July, at which markets expect a moderation to 55.0 from 56.0 previously. University of Michigan sentiment data release also takes focus, with the final revision of the inflation expectations component eyed in particular.
  • There are no central bank speakers of note.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.