Focus on the US banking sector

Country

Time (GMT)

Name

Saxo

Consensus

Prior

UK

09:30

Jobless Claims Change (DEC)

-4.6K

-6.3K

US

13:30

PPI / Core PPI MoM (DEC)

-0.1% / 0.1%

0.0% / 0.1%

1.8% / 0.5%

US

13:30

Housing Starts / Building Permits (DEC)

572K / 580K

574K / 589K

EURUSD

0/-

1.4250 firm res. Sell rallies, target 1.4055, stop abv 1.4330.

USDJPY

0/+

Buy dips to 91.00 for a rebound to 92.0, stop below 90.70.

EURJPY

0/-

Sell any rebound up to 130.0 for a push to 128.80, stop abv 130.50.

GBPUSD

0/-

Sell into short-squeeze up to 1.6345, stop abv 1.6385 target 1.6240.

AUDUSD

0/-

Seen capped at 0.92. Sell there for 0.9080, stop abv 0.9250.

DAX

0/-

Sell on rallies towards 5600 and target 5940. Stop above 6030.

FTSE

0/-

Sell at the break of 5490 and target 5452. Stop above 5505.

S&P500

0/-

Sell on rallies towards 1155 and target 1145. Stop above 1158.

NASDAQ100

0/-

DJIA

0/-

EURUSD

Vols are paid in Asia as spot moves below 1.42. 1m traded to 10.5 and turns bid up from 10.2 previously in NY. Could see sellers return once spot reverses the move in Asia.

USDJPY

Front end vols get sold as Yen remained sidelined on this dollar move. 1w Tk cut is now 9.5 from down from 10.75 yesterday but partly because it is pre-FOMC.

AUDUSD

Gamma turns bid in a scramble to buy vols as spot drops to 9150 lows. There’s still sellers capping back end vega but front end will likely see strong demand.

Gold

0/-

Still sell rallies to 1,135-1,138 window, stop abv 1,143, target 1,125 still.

Silver

0/-

Sell any rebound back to 18.70 for 18.40 target, stop abv 18.85.

Oil (CLH0)

0/-

Sell into rallies to 78.90 for retracement back to 77.75. Stop abv 79.50.