Entering into US session, Sterling catches a bid and is trading as the strongest one for today so far. Swiss Franc follows as the second strongest, then Dollar. On the other hand, New Zealand Dollar is the worst performing one, followed by Euro and than Australian Dollar. Though most of the pairs are bounded in Friday’s range, with the exception of GBP/USD and EUR/AUD only.
In other markets, European indices are generally higher today, with DAX leading the way up 0.96% at the time of writing. CAC is up 0.62% while FTSE is up 0.33%. 10 year German bund yield trades nearly flat today, up 0.005 at 0.311. Italian 10 year yield eased back, down -0.047 at 3.075.
In Asia, Nikkei closed down -0.32% while Singapore Strait Times lost -0.15%. But China Shanghai SSE rose 1.1% to 2698.47, can’t get hold of 2700. Hong Kong HSI rose 1.41%. 10 year JGB yield rose 0.0001 to 0.095.
The economic calendar is rather empty today. Main features are speeches of BoC Governing Council member Wilkins, Fed Bostic and Bundesbank head Weidmann.
