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BONDS

Continued reaction to Powell

CHINA

Where Is The Low For Chinese Equities?

GERMAN AUCTION RESULTS

0% Oct-26 Bobl

EQUITIES

Energy And Financials Lead Early Bounce

GREECE T-BILL AUCTION RESULTS

26-week GTB

FOREX
FOREX: Little change as eyes turn to NFP
-Most major pairs sit well within recent ranges as macro cues and data this
morning has been largely quiet. UK Manufacturing PMI was a decent beat (49.6 vs.
Exp. 48.2), hitting the highest level since April, but GBP was pretty
unresponsive.
-After a choppy week for the greenback, focus turns to today's NFP report, with
the US expected to have added 85k jobs over October. This whisper number sits
slightly higher, at 99k, but this has been dropping as markets get closer to
release.
-The particularly poor MNI Chicago PMI release yesterday has raised some
concerns about the macro backdrop, which may also be reflected in today's ISM
number.
-Outside of the Nonfarm Payrolls report, Markit PMIs are also due for the US and
Canada and ISM manufacturing numbers for October cross at 1400GMT/1000ET. Fed
members speak for the first time since this week's FOMC rate decision, with
speeches scheduled from Kaplan, Clarida, Quarles, Daly and Williams.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com