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21 Oct 2013
Flash: The week ahead is busy! – TD Securities
FXstreet.com (London) - Research teams at TD Securities note that it has been a pretty quiet start to the week in Europe, but things are going to pick up.
Key Quotes:
“A pretty quiet European morning session has seen mixed performance in equity markets and a slightly stronger USD while core fixed income markets have seen gilt and bund yields move very marginally higher”.
“With the tail risk of an imminent US default now removed, the week ahead will be focused on a busy economic data calendar. The highlight for the week will be the delayed US September employment report, where we look for a payrolls print of +182k, roughly in line with consensus”.
“The week ahead will also see retail sales and trade releases, which the market will likely watch closely ahead of next week’s FOMC meeting, despite expectations for Fed tapering having been pushed back into 2014”.
Key Quotes:
“A pretty quiet European morning session has seen mixed performance in equity markets and a slightly stronger USD while core fixed income markets have seen gilt and bund yields move very marginally higher”.
“With the tail risk of an imminent US default now removed, the week ahead will be focused on a busy economic data calendar. The highlight for the week will be the delayed US September employment report, where we look for a payrolls print of +182k, roughly in line with consensus”.
“The week ahead will also see retail sales and trade releases, which the market will likely watch closely ahead of next week’s FOMC meeting, despite expectations for Fed tapering having been pushed back into 2014”.