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Monday October 14, 2013 - 20:18:28 GMT
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Monday holidays. German ZEW and UK inflation due
|Monday holidays. German ZEW and UK inflation due|
15 October 2013 00:00 gmt
| CALENDAR: Far East: No Major Data Europe: DE- ZEW, GB- PPI, CPI. North America: US- Empire PMI|
||JGB 0.66% 0bp
||Asia Close Mixed|
||Bund 1.87% 0bp
||U.S. 2.69% 0 bp
||North America Lower|
HIGH IMPACT ITEMS: DE- ZEW, GB- CPI
- As we said over the weekend, "you never know if there is a deal in Washington until there is a deal". It appeared that key players were working towards a deal late in the day Monday. We still feel the key players in Washington still realize they cannot risk a technical default on U.S. debt and will do what they have to by the last minute .
- Odds favor a six week extension to the debt limit to November 22. Then we start all over again. We will have to see how this absurd process plays out.
- Tuesday will sees several U.K. inflation measures and German ZEW economic expectations. Wednesday features U.K. jobs data and Eurozone, Canadian and U.S. inflation (depending on the shutdown). Thursday sees more UK data (Retail Sales). A slew of U.S. data is slated for that session Whether or not it is released depends on the status of government shutdown.
- For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar . See the FOREX FORUM for latest key data and charts as they are released.
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
|Copyright 2013, GlobalViewpoint, Inc All rights reserved|
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John M. Bland, MBA
co-founding Partner, Global-View.com
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