News
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EU Gas storage lags seasonal average amid maintenance – Commerzbank
European Gas storage remains below the seasonal average as Norwegian maintenance and German refill challenges persist, keeping the market sensitive to winter demand and likely supporting prices toward €40/MWh, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Tue, Sep 30
Fed's Jefferson says he has not thought about whether to stay on as governor after vice chair term ends
Sept 30 (Reuters) - U.S. Federal Reserve vice chair Philip Jefferson said on Tuesday he has not given thought yet to whether he will keep his seat on the Fed's Board of Governors after his vice chair term ends in September 2027.Reuters
Tue, Sep 30
Bund yields on track for first monthly drop since April
Data from euro area countries fail to trigger price actionBund yields set for first monthly drop since AprilUBS still favours 10s30s steepener on the German curveFrench spread versus Bunds remains above 80 bpsBy Stefano Rebaudo Sept 30 (Reuters) - Euro area benchmark Bund yields were on track for...Reuters
Tue, Sep 30
USD/CNH to test 7.1165 before the risk of a recovery increases – UOB Group
There is scope for US Dollar (USD) to test 7.1165 before the risk of a recovery increases. In the longer run, for the time being, USD is likely to trade in a range between 7.1000 and 7.1480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Sep 30
Fed Vice Chair Jefferson says US job market weakening, could face stress
By Howard SchneiderWASHINGTON, Sept 30 (Reuters) - U.S. Federal Reserve Vice Chair Philip Jefferson said on Monday he expects U.S. economic growth to continue at about a 1.5% pace for the rest of the year, with the job market facing potential stress if not supported by the central bank.In remarks pr...Reuters
Tue, Sep 30
GBP/USD: Likely to test 1.3465 – UOB Group
There is a chance for Pound Sterling (GBP) to test 1.3465; major resistance at 1.3525 is unlikely to come under threat. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Sep 30
