Highlights

Core bonds: return of risk aversion

EUR/USD: Break below 1.2804 range bottom is hurting technical picture.


Graph of the week

Graph Of The Week

German 10 yr yield fell below key support (1.41%; neckline double top), potentially opening the way for a move towards the all time low (1.12%)


Key Data and Events next week

Key Data & Events 12 November – 16 November 2012ConsensusPrevious
Monday, 12 NovemberEuro Area Finance Ministers Meet in Brussels
Tuesday, 13 NovemberGerman ZEW Survey (Nov)-10.0-11.5
Tuesday, 13 NovemberNFIB Small Business Optimism (Oct)91.892.8
Wednesday, 14 NovemberEMU Industrial Production (MoM) (YoY) (Sep)-1.8% / -2.1%0.6% / 2.9%
Wednesday, 14 NovemberUS Advance Retail Sales (Oct)-0.1%1.1%
Wednesday, 14 NovemberBoE Releases Quarterly Inflation Report
Wednesday, 14 NovemberMinutes Latest FOMC Meeting
Thursday, 15 NovemberEMU CPI (MoM) (YoY) (Oct)0.2% / 2.5%0.7% / - -
Thursday, 15 NovemberEMU GDP (QoQ) (YoY) (3Q A)-0.2% / -0.6%-0.2% / -0.5%
Thursday, 15 NovemberUS CPI (MoM) (YoY) (Oct)0.1% / 2.1%0.6% / 2.0%
Thursday, 15 NovemberUS Empire Manufacturing (Nov)-7.20-6.16
Thursday, 15 NovemberUS Initial Jobless Claims- -355K
Thursday, 15 NovemberUS Philadelphia Fed (Nov)2.05.7
Friday, 16 NovemberUS Industrial Production (Oct)0.2%0.4M


Content

Economic Data 2

Fixed Income 2

Currencies 2

Contacts 2