German Ifo enterprise survey on the agenda at present
Good day, everybody! Hope you all had a terrific weekend and that you just’re able to get again on the buying and selling seat for the brand new week.
It’s nonetheless all concerning the reflation theme available in the market as bond yields proceed to surge larger with 10-year Treasury yields closing in on 1.40%. Actual yields have additionally ticked larger to -0.80% and that will likely be one thing to look at in case the Fed picks up on it.
The greenback is protecting extra combined however holding a contact weaker towards most main currencies, although gaining towards the yen and franc to begin the day.
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There will not be a lot on the agenda in Europe to actually shake issues up because the market will take clues from Treasuries and Wall Road once more later at present to kick begin the week.
0900 GMT – SNB whole sight deposits w.e. 22 February
Your weekly test of the deposits saved on the SNB by Swiss banks. This knowledge is a proxy for FX interventions.
0900 GMT – Germany February Ifo enterprise local weather index
That is all for the session forward. I want you all the perfect of days to return and good luck along with your buying and selling! Keep protected on the market.