... somewhat, but the formation of new governments in these countries hardly dismisses the unlimited amounts of debt problems in peripheral Eurozone nations and the potential threat of contagion to the  ...

Markets still consolidating Wednesday’s declines Risks still tilted to the downside Eurozone breakup talk far from reality but could strain UK inflation data and US Michigan sentiment due ...

... come in at 1.3870 and 1.3720 respectively. While Italian PM Berlusconi managed to pass austerity measures needed to help stimulate the Eurozone economy, he was unsuccessful in securing enough votes ...

...  Continue to project relative Aussie underperformance going forward Eurozone data weaker across the board; German factory orders awful Canada employment much weaker than expected US NFPs ...

...  Continue to project relative Aussie underperformance going forward Eurozone data weaker across the board; German factory orders awful Canada employment much weaker than expected US NFPs ...

... out of the Eurozone after France and Germany announced that Greece would be denied additional bailout funds until after Greece’s December bailout referendum. The G20 summit also kicks off on Thursday ...

... strong” and at the same time offered no indication for a third round of quantitative easing. Also seen helping to support the Greenback were ongoing concerns out of the Eurozone after France and Germany ...

... Rate s.a. (OCT) 6.9% 6.9% 8:55 EUR German PMI Manufacturing (OCT) 48.9 48.9 9:00 EUR Eurozone PMI Manufacturing (OCT F) ...

... in the buck comes from a renewed uncertainty and faded optimism in the markets, with participants less confident in the Eurozone bailout after bond spreads continued to widen in the region and Greece ...

... to this point, market participants continue to buy into risk on the expectation that a solid plan will be implemented by EU leaders to tackle the current Eurozone financial crisis. Much of the optimism ...

... that would suggest this market is ready to shift gears and adopt a full fledged positive risk mentality. In our opinion, there are too many questions surrounding the health of the Eurozone economy, ...

... an all in fix from the latest proposed solution to the Eurozone crisis, setbacks have intensified as the focus shifts backs towards contagion threats. The most recent development has come from Moody’s, ...

... in the Eurozone is expected to be completely finalized this weekend, and presented the following week at the G20 Summit in Cannes. The main components of the plan include fresh capital for banks, a ...

... Yen, as expectations regarding the possibility of solving the European debt crisis rose. The G20 meeting over the weekend urged the Eurozone to finalize the aid plan to recapitalize its banks and end the ...

... over the past several days, we continue to warn that any additional gains in these risk correlated assets should prove fleeting in favor of a resumption of flight to safety trade. While Eurozone officials ...

... Belgium and Luxembourg agree on recue plan for Dexia UK Cameron out offering his take on the eurozone crisis Bank of England Weale leaves door open for additional QE expansion Risk sentiment ...

... dial for banks, and announced the renewal of its covered bond program, amongst other things. The bank recapitalization talk in the eurozone is also helping to bolster sentiment somewhat, and the Euro ...

Eurozone plan still not encouraging for longer end of curve Month end rebalancing could factor into Wednesday trade Entry points from Tuesday’s report yield profitable results Still waiting ...

Eurozone plan still not encouraging for longer end of curve Month end rebalancing could factor into Wednesday trade Entry points from Tuesday’s report yield profitable results Still waiting ...

... help restore a sense of confidence in the eurozone region. While we do not expect any of this renewed optimism to last, it is quite possible that the rally in risk continues for a few more sessions. ...

...  Eurozone default talk back in the news on ECB comments S&P reaffirms Australia’s solid ratings   While medium-term technical studies continue to warn of an ongoing deterioration within the ...

... response Eurozone default talk back in the news on ECB comments S&P reaffirms Australia’s solid ratings   While medium-term technical studies continue to warn of an ongoing deterioration ...

... (SEP A) 50.5 50.9 More important German and Eurozone data also show a drop, though more moderate than French data. Advance numbers expected to moderately move markets 7:30 ...

... resolution to the Eurozone and Greek debt crisis over the weekend, were sorely disappointed after the EconFin meeting failed to produce any significant results. The expectation that things need to get ...

... expected in Eurozone economy with expectation of spread to Asia and EM Still waiting for major depreciation in Yen over coming days with the BOJ expected to aggressively intervene If we have learned ...

...  Japanese Yen (JPY) - The Yen has slightly advanced against the US dollar as a demand for refuge increased on concern over the slowing US economy and Eurozone debt problems. ...

... Bank pegging the Franc at EURCHF 1.2000, most European safe haven flows out of the Eurozone are seen to go into dollars and gold. Additionally, with the global economic recovery slowdown, rumors once ...

Euro established below critical support; strengthens bearish case G7 fails to provide any firm guidance on Eurozone crisis Talk of downgrades to French banks over the weekend Markets are ...

... more intensified fear of the Eurozone economy and the need for the central bank to keep things on the accommodative side. One of the key take aways from Mr. Trichet and company was that inflation risks ...

... Exports s.a. (MoM) (JUL) 0.5% -1.2% Germany exports weakening in some parts on lower Eurozone demand as recovery slows 6:00 EUR German Imports s.a. (MoM) (JUL) ...

... correlated assets have on the whole responded quite favorably to the increased prospects for QE3 and the latest German court ruling, which ensures the continuation of the Eurozone bailout, we continue ...

SNB move fading as Eurozone stress comes back into picture Concerns that Greece will not receive next tranche of bailout Australian GDP comes in stronger than expected; construction data weaker ...

... GDP s.a. (QoQ) (Q2 P) 0.2% 0.2% Preliminary data for Eurozone productivity may reveal a slowdown in the European economy again 9:00 EUR Euro-Zone GDP s.a. ...

... defeat in the latest regional elections is significant as it could very well jeopardize the constitutionality of Germany’s contributions to the Greek bailout plan. Looking ahead, Swiss CPI, Eurozone ...

... expansions as inflation accelerates again.” Since Germany is the Eurozone’s strongest and largest economy, this reading is closely watched by the European Central Bank as a determinant of their monetary ...

... Central Bank rate decisions and commentary from Australia, the UK, Canada and the Eurozone. Most analysts expect dovish statements from the commentaries, especially from the RBA and the ECB due to the ...

... softer while Eurozone produces prices were in line. Looking ahead, all of the attention in the North American economic calendar will be focused on US NFPs. US equity futures are tracking moderately ...

... with UK construction PMIs and Eurozone producer prices due out. US equity futures are tracking moderately lower, while commodities consolidate their latest moves. ECONOMIC CALENDAR TECHNICAL OUTLOOK ...

... PMI Manufacturing (AUG F) 52 52 8:00 EUR Euro-Zone PMI Manufacturing (AUG F) 49.7 49.7 Eurozone PMI expected unchanged 8:30  ...

... aversion. One story which could be a hot topic and ultimate weight on the Euro and sentiment in general as the day progresses is a piece out of the FT which highlights a clash between the Eurozone ...

...  8.0% Italian unemployment in plateau 9:00 EUR Euro-Zone CPI Estimate (YoY) (AUG) 2.5% 2.5% Eurozone 17 data not expected to change ECB rate decisions ...

... against it. The broader global macro economic recovery is also faltering and growth prospects in the Eurozone are looking even less attractive. We also fear that things could still ripple over into ...

Risk correlated assets bid on lower volumes Kiwi stands out as relative outperformer Noda announced as new Japanese PM elect UK mortgage approvals and Eurozone confidence due Keeping ...

... the region revolves around a plan in which the European Commission and ECB are considering the possibility of offering central guarantees on certain types of bank debt, to address concerns that some eurozone ...

... Fed Chair speech into Friday trade Key investors warn of risks to additional monetary policy measures Eurozone banking woes still a major concerns and more volatility expected 3 Month LIBOR ...

... broader market sentiment continues to improve after better than expected data prints out of China and the Eurozone. The USD/CHF pair continues to straddle the 0.7885 level as it bottlenecks into a wedge ...

... (EUR) – The Euro strengthened against the U.S. Dollar due to an increase in risk aversion. The participants remained hopeful that Merkel and Sarkozy will announce a common Eurozone bond in the near ...

... releases coming in the form of UK retail sales and Eurozone construction output. The calendar heats up in North America, with US CPI, initial jobless claims, existing home sales and the Philly Fed taking ...

...  Eurozone inflation data comes in slightly softer than expected A day of minor reprieve for the US Dollar has now come and gone and Wednesday’s price action has brought with it a resumption of ...

... tax. Looking ahead, UK employment data, the Bank of England Minutes and Eurozone inflation data all take center stage in the European session. Later on in the day, the North American calendar is highlighted ...

... of the winter. There is, however, another problem in the long run for the UK economy and that’s the fact that as long as it continues to perform well (or, more accurately, outperform the eurozone) sterling ...