Good Morning,
The overnight news was New Zealand’s inflation surprised marginally to the upside and US Treasury secretary Jacob Lew suggests the US government will exhaust its emergency cash-management measures by November 3 and risks running out of cash if Congress doesn't raise the federal borrowing limit. Today’s data is
10:00 Eurozone Trade Balance
Eurozone CPI
13:30 Canadian Manufacturing Sales for August
14:15 Industrial Production for September
Capacity Utilization for September
15:00 University of Michigan Sentiment, Current Conditions and Expectations
On the speaking front we have we have BoJ’s Kuroda speaking at national Credit Union Association in Japan. BoE’s Forbes speaks at the `Brighton Chamber of Commerce on ’Growing your business in a Global Economy’ and ECB’s Coeure speaks in Berlin titled “Towards a Progressive Europe”
There are large 1.15 Eur/$ expiries and 120s in $/Jpy
Have a great week end
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