Archived IMT (2009.06.10)
Much ink is spilled on todays $19 billion auction of 10-year US treasuries (17:00 GMT) 1 hour prior to Beige Book) and on whether the interest would be sufficient to avert fresh backup in yields. Recent US treasury auctions have drawn robust domestic and foreign subscription, which may not be a major surprise considering the scrutiny on the US debt rating. The Fed and China are said to be helping these auctions to avert triggering any rapid selling of treasuries and the US currency. Any notable signs of optimism in this afternoons Beige Book survey by the Fed (18:00 GMT) would re-ignite the yield flames of US treasuries. Therefore, expect benign signs of improvement reported by the Beige Book. US and Canadian trade figures are due at 12:30 GMT.
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34
Why the Euro Keeps on Falling
by Adam Button | Feb 19, 2020 16:37
Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17