10 Feb 2014
Flash: Key events to watch this week - RBS
FXStreet (Bali) - Greg Gibbs, FX Trading Strategist at RBS, presents below the main events to keep an eye this week.
Key Quotes
"Several key events this week include the BoE and Fed presentations as both are close to breaching unemployment thresholds. Ultimately this increases upside risk for their rates and currencies."
"The Australian labour data will be important for AUD and Australian rates sentiment. Last month it was one of the few weak indicators and the RBA still expect some further rise in unemployment this year."
"Chinese money and credit data takes on increasing significance with recent policy tightening and increased concern over shadow-banking excesses. Events in China have the capacity to influence global risk sentiment more than most. We remained biased towards short commodity currencies against the USD, but near term risks are evenly balanced."
Key Quotes
"Several key events this week include the BoE and Fed presentations as both are close to breaching unemployment thresholds. Ultimately this increases upside risk for their rates and currencies."
"The Australian labour data will be important for AUD and Australian rates sentiment. Last month it was one of the few weak indicators and the RBA still expect some further rise in unemployment this year."
"Chinese money and credit data takes on increasing significance with recent policy tightening and increased concern over shadow-banking excesses. Events in China have the capacity to influence global risk sentiment more than most. We remained biased towards short commodity currencies against the USD, but near term risks are evenly balanced."