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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

MNI, NEWS
MNI: EUROZONE DATA: Industrial Production (Jun 2019) Preview - 10:00 BST
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- Bloomberg Consensus: -1.5% m/m, -1.5% y/y; MNI Median: -1.4 % m/m, -1.5% y/y 
- Previous (May): 0.9% m/m, -0.5% y/y - EZ ind output is forecast to decline in
June after May's rebound 
- Markets look for IP to plummet by 1.5% m/m, leaving Q2's growth rate at -0.5%
after Q1's 0.9% quarterly gain 
- Output (ex. construction) fell m/m in all four of the EZ's largest economies:
Germany (-1.8%); France (-2.3%); Italy (-0.2%); and Spain (-0.2%) 
- Forward-looking data paints a gloomy picture... 
-...with July's manufacturing PMI recording another decline (46.5) due to output
and new orders hitting the lowest levels since Dec 2012...
- Germany's mfg sector remains in recession, despite the recent uptick in ind
orders which provides little cause for hope for the EZ's largest economy 
- Global uncertainties (US-China trade dispute, Brexit, auto tariffs, etc.)
continue to create a challenging environment for manufacturers