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RISK-OFF: Markets Nervous After Volatile Wednesday Session. Major Focus Stock and Fixed Income Trading
RISK-OFF: Markets Nervous After Volatile Wednesday Session. Major Focus Stock and Fixed Income Trading October 16, 2014 09:30 GMT
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Daily Risk On/Off Heat Map
08:45 GMT- Current Market Conditions: Markets remain in a RISK-OFF posture following the sharp sell-off in U.S. equities yesterday following a number of items that by themselves should not have triggered such a violent response.. Far East equities closed mostly lower today. Bourses in Europe are mostly weaker. U.S. share futures are higher, but confidence is still shaky.
In overseas activity, trade in the U.S. 10-yr remains volatile. The plummet in the yield yesterday was particularly troubling for many for what it implied. It is currently yielding 2.081%. 10-yr yields in the bund and gilts remain remarkably low as well today. Peripheral bond yields are higher. The sharp spike higher in. Greek yields this week has not gotten much play, but is worth watching.

The heat map color scheme of interest rates reflects yields.
HIGH IMPACT NEWS: US- Weekly Jobless, Industrial Production, NAHB, Philly Fed
- Final EZ headline HICP for September was unrevised from its flash estimate. Core y/y HICP was revised slightly higher,
- Today sees the release of U.S, weekly Jobless Claims, Industrial Production, the NAHB index, and the Philly Fed Survey. .Crude Oil inventories today will be closely-followed after a surge higher in API inventories yesterday. .Falling oil prices have been a major market influence this week.
- On Friday, the focus is on North America with Canadian CPI data in the spotlight. The U.S. features Housing data and the preliminary October University of Michigan survey.
- Be sure to refer daily to the Global-View Economic Calendar and the Forex Forum for the complete list of key items (actual data, selected charts, etc.) as they are released.
Weekly Trading Planner Top Items (GMT):
THURSDAY 09:00 EZ HICP Final data. Flash was soft 12:30 US Initial Claims Bouncing along the bottom 13:15 US Ind Prod & Cap Util Growth seen 14:00 US Philly Fed Regional PMI seen better 20:00 US TIC Data Measure of Capital flows (new time) FRIDAY 12:30 CA BOC CPI BOC targets Inflation 12:30 FRB Yellen Boston 12:30 US House Starts & Permits Key housing measures 13:55 US U Mich prelim Consumer sentiment measure
FOREX CALENDAR |
Time |
Imp |
Country |
Title |
Cons |
Last |
16/10/14 12:30 |
A |
US |
Initial Claims |
285 |
287 |
16/10/14 12:30 |
A |
US |
Cont Claims |
n/a |
2.384 |
16/10/14 13:15 |
A |
US |
Ind Prod |
0.40% |
-0.10% |
16/10/14 13:15 |
A |
US |
Cap Util |
79.00% |
78.80% |
16/10/14 14:00 |
B |
US |
NAHB Index |
59 |
59 |
16/10/14 14:00 |
A |
US |
Philly Fed |
20 |
22.5 |
16/10/14 14:30 |
C |
US |
Nat Gas bcf |
n/a |
105 |
16/10/14 15:00 |
B |
US |
EIA Crude mn |
n/a |
5 |
16/10/14 15:00 |
B |
US |
EIA Gasoline mn |
n/a |
1.18 |
16/10/14 15:00 |
B |
US |
EIA Distillate mn |
n/a |
0.44 |
16/10/14 15:00 |
B |
US |
EIA Cap Util |
n/a |
89.3 |
16/10/14 20:00 |
A |
US |
TIC Net Flows $b |
n/a |
-18.6 |
16/10/14 20:00 |
B |
US |
TIC L-T Flows Mar |
n/a |
n/a |
17/10/14 0:00 |
A |
|
FRIDAY |
|
|
17/10/14 12:30 |
A |
CA |
BOC CPI y |
2.10% |
2.10% |
17/10/14 12:30 |
A |
CA |
CPI mm |
0.00% |
0.00% |
17/10/14 12:30 |
A |
CA |
CPI yy |
2.00% |
2.10% |
17/10/14 12:30 |
A |
FRB |
Yellen Boston |
n/a |
n/a |
17/10/14 12:30 |
A |
US |
House Starts |
1002 |
956 |
17/10/14 12:30 |
A |
US |
House Permits |
1032 |
1003 |
17/10/14 13:55 |
A |
US |
U Mich prelim |
84 |
84.6 |
17/10/14 19:30 |
|
US |
COT Report |
n/a |
n/a |
Be sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released.
See the FOREX FORUM. for actual data, selected charts, etc.) and comments from experienced traders to events as they happen.
John M. Bland is a founding partner of Global-View.com. He was a FX consultant to major corporations. He has also been a institutional forex trader, FX analyst for a blue chip Fed watching service and an author. John has an MBA in Finance and a BA in Economics from the University of California, Berkeley.
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GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Mon 27 May 2019
AAGB/US- Holiday
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AAEZ/CH- Holiday
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