Friday, October 16, 2020

European Morning Wrap


UK PM Johnson: I have concluded that we should get ready for Australia-style Brexit deal i.e. no-deal

The pound drops on the headline... Read full article


Pfizer says could apply for emergency use of coronavirus vaccine by late November

Some potentially positive updates in the vaccine space Pfizer has announced that it could be ready to apply for emergency-use authorisation of its coronavirus vaccine by late November, provided that trial data is positive.... Read full article


Brexit: EU potentially looking to link energy with fishing to try and push talks forward

RTE News' Europe editor, Tony Connelly, reports In a , it is said that the EU is considering to make a more explicit link between energy and fishing in Brexit negotiations, as an attempt to get the UK to compromise on the latter in order to break the current deadlock in talks.... Read full article


Eurozone August trade balance €21.9 billion vs €18.0 billion expected

Latest data released by Eurostat - 16 October 2020 But there will be more questions surrounding the recovery pace again in Q4, so that is very much the focus right now instead of the more rosy picture in Q3.... Read full article


Eurozone September final CPI -0.3% vs -0.3% y/y prelim

Latest data released by Eurostat - 16 Octobner 2020 here... Read full article

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Latest Forex Orders


FX option expiries for Friday October 16 at the 10am NY cut

EUR/USD

  •  1.1650 888m euro amount 
  •  1.1700 680m
  •  1.1750 524m
  •  1.1800 2.5bn
 USD/JPY
  •  104.50 1.6bn USD amount 
  •  104.75 430m
  •  105.00 2.8bn
  •  105.40 965m
  •  105.70 360m
 GBP/USD
  •  1.2945 201m GBP
  •  1.2950 282m
 USD/CAD
  •  1.3220 670m USD amount 
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