We ended this week with yet another large liquidity day.
Fundamentally, the GBP manufacturing production m/m was a negative number than expected but better than previous, nevertheless, not a real important data consider the whole UK is now overshadowed by the negative sentiment of Brexit and flash crash.
The anticipated NFP came in at a negative number, so does the unemployment rate, both were not negative deviated but still negative.
Average hourly earnings were in line with expectation.
The CAD employment change & unemployment change came as positive deviation with large job numbers added.
WTI did not stay above $50 but closed below it for the day.
Sentimentally, equity markets ended the weekend with red numbers, a risk off sentiment.
No major news in AUD & JPY as they acted with the risk off sentiment today.
JPY & CHF had no major news while ECB confirmed the possibility of the tapering after 2017 if and only if the whole condition becomes better, otherwise ECB still stated their firm intention to hit the inflation target with further easing if necessary.
GBP is still shadowed by the flash crash and so far no one is really certain of what had happened, many rumours but nothing confirmed yet.
CAD had a BOC Q3 survey released today, mainly stated the overall sales growth is flat but became better = stop dropping, they believed it has bottomed out. Foreign sales also were expiated to picked up, investment and hiring intentions also rose. However, inflation expectations edged down.
USD had few FED members came out after the job reports and regardless of the negative numbers, it was a pretty hawkish tone from FED which might supported the USD.
Technically, EUR had a up day today against all currencies and the strength came from the ECB statement of tapering.
GBP continued to drop after the rebound from flash crash.
The risk off sentiment today had helped CHF & JPY and particular JPY had a great up day against all currencies.
CAD had suffered from the drop of WTI regardless of the good job datas, and AUD & NZD had also suffered from the risk off sentiment.
We ended this week with yet another large liquidity day.
Fundamentally, the GBP manufacturing production m/m was a negative number than expected but better than previous, nevertheless, not a real important data consider the whole UK is now overshadowed by the negative sentiment of Brexit and flash crash.
The anticipated NFP came in at a negative number, so does the unemployment rate, both were not negative deviated but still negative.
Average hourly earnings were in line with expectation.
The CAD employment change & unemployment change came as positive deviation with large job numbers added.
WTI did not stay above $50 but closed below it for the day.
Sentimentally, equity markets ended the weekend with red numbers, a risk off sentiment.
No major news in AUD & JPY as they acted with the risk off sentiment today.
JPY & CHF had no major news while ECB confirmed the possibility of the tapering after 2017 if and only if the whole condition becomes better, otherwise ECB still stated their firm intention to hit the inflation target with further easing if necessary.
GBP is still shadowed by the flash crash and so far no one is really certain of what had happened, many rumours but nothing confirmed yet.
CAD had a BOC Q3 survey released today, mainly stated the overall sales growth is flat but became better = stop dropping, they believed it has bottomed out. Foreign sales also were expiated to picked up, investment and hiring intentions also rose. However, inflation expectations edged down.
USD had few FED members came out after the job reports and regardless of the negative numbers, it was a pretty hawkish tone from FED which might supported the USD.
Technically, EUR had a up day today against all currencies and the strength came from the ECB statement of tapering.
GBP continued to drop after the rebound from flash crash.
The risk off sentiment today had helped CHF & JPY and particular JPY had a great up day against all currencies.
CAD had suffered from the drop of WTI regardless of the good job datas, and AUD & NZD had also suffered from the risk off sentiment.