United States MBA Mortgage Applications dipped from previous 25.5% to -27.6% in October 9

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Oct 14, 2015

EUR: Investor’s appetite for risk aversion, pushing the single currency higher - MUFG

Derek Halpenny, Research Analyst at MUFG, notes that the euro remains very resilient and in the face of renewed equity market declines in the last few days has drifted higher again.

ECB likely to dance on the Fed’s music – Deutsche Bank

David Folkerts-Landau, Group Chief Economist at Deutsche Bank, notes that the financial markets continue to be dominated by speculation over the timing of Fed rate hikes and concerns over the health of the global economy but, the Fed’s delay puts pressure on the ECB and BoJ to ease further and we now expect an extension of ECB QE in coming months.