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21 May 2015
Key events left for the day - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank noted the key events left for the day after manufacturing and services PMIs in Europe and the US.
Key Quotes:
"We see UK retail sales: expectations are 0.2% MoM, 3.7%% YoY, and in the US we have initial claims (which have been at incredible lows recently), the Philly Fed survey (expected at 8.0), and existing home sales: will the latter match the staggering performance of housing starts this week? Expectations are a 0.8% MoM increase."
"Then we hear from the ECB’s Draghi and the Fed’s Fischer speak, which should also be of major interest to markets: will the result be a shot across the bows of USD or EUR, or of bonds or equities?"
Key Quotes:
"We see UK retail sales: expectations are 0.2% MoM, 3.7%% YoY, and in the US we have initial claims (which have been at incredible lows recently), the Philly Fed survey (expected at 8.0), and existing home sales: will the latter match the staggering performance of housing starts this week? Expectations are a 0.8% MoM increase."
"Then we hear from the ECB’s Draghi and the Fed’s Fischer speak, which should also be of major interest to markets: will the result be a shot across the bows of USD or EUR, or of bonds or equities?"