Asian stock markets: Shanghai up 2.40 %, Hang Seng rose 1.25 %, ASX fell 0.70 %
Commodities: Gold at $1157.80 (+1.20 %), Silver at $15.83 (+0.40 %), WTI Oil at $50.00 (+1.15 %), Brent Oil at $53.25 (+0.60 %)
Rates: US 10 year yield at 2.09, UK 10 year yield at 1.86, German 10 year yield at 0.614
News & Data:
New Zealand REINZ House Sales (YoY) Sep: 38.3% (prev 41.7%)
Swiss Central Bank Sees Low Risk Of Downward Wage & Price Spiral — RTRS
OPEC Sec-Gen Al Badri Sees Oil Demand Growth, Hopeful For Market Balance In 2016 — BBG
CFTC Positioning Data:
EUR short 89K vs 88k short prior week.
GBP short 4K vs. 2K short prior week
JPY short 18K vs. 22K short prior week.
CAD short 35K vs. 42K short prior week.
CHF short 4K vs 3K short prior week.
AUD short 41K vs. 49K short prior week
NZD short 1K vs. 3K short prior week
It was a quiet start into the new trading week, with no notable data releases or events in the Asian session. Overall, the USD weakened slightly, while the Aussie Dollar and the Euro were the top performing currencies. Asian equity markets are mostly higher, with only the ASX lower on the day. The Nikkei was closed for a holiday and USD/JPY was caught in a tight range as well.
13:10 BST – FOMC Member Lockhart speaks
18:20 BST – Bank of Canada Governor Poloz speaks
22:40 BST – RBA Assistant Governor Lowe speaks
The Week Ahead (Key Data/Events):
Tuesday, October 13th
01:30 BST – Australia NAB Business Confidence
03:30 BST – Chinese Trade Balance
07:00 BST – German CPI
09:30 BST – UK CPI
10:00 BST – German ZEW
Wednesday, October 14th
02:30 BST – Chinese CPI
09:30 BST – UK Claimant Count Change
09:30 BST – UK Unemployment Rate
09:30 BST – Average Earnings
13:30 BST – US PPI
13:30 BST – US Retail Sales
Thursday, October 15th
01:30 BST – Australian Employment Change
01:30 BST – Australian Unemployment Rate
13:30 BST – US CPI
13:30 BST – US Initial Jobless Claims
13:30 BST – US NY Empire Manufacturing Index
15:00 BST – US Philadelphia Fed Manufacturing Index