France Current Account climbed from previous €-0.4B to €0.2B in August
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Oct 12, 2015
Fed rate hike cycle to depend on the economy – Deutsche Bank
Jim Reid, Research Analyst at Deutsche Bank, notes that the Fed Vice-Chair Fischer has acknowledged that he was in the camp in September expecting a Fed rate hike this year, but signalled that ‘both the timing of the first rate increase and any subsequent adjustments to the federal funds rate target will depend critically on future developments in the economy’.
EUR/USD: Huge increase in 'in the money' calls last Friday
Last Friday, we saw an very substantial increase in EUR/USD 'in the money' call contracts, which implies some large participants are now betting for a directional bullish move in the Euro/US Dollar market for the November contract (6EX5), which expires mid next month.