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  • Squawk / 1 hour ago
    Head of Macro Strategy / Saxo Bank
    Denmark
    US manufacturing expands at slowest pace since January '13:

    The manufacturing sector continues to grow in the world's largest economy, but we have witnessed a quick slowdown in recent months. The ISM manufacturing index declined to 52.9 last month - as expected by consensus (53) - from 53.5 in January and a high of 58.1 in August of last year. The deceleration has been particularly pronounced in the last three months with the index still as high as 57.6 in November.

    Among the sub-indices new orders slowed somewhat to 52.5 from 52.9 while production printed 53.7, down from 56.5. The employment component also slowed quite a bit to 51.4 from 54.1, interesting ahead of Friday's employment report. Manufacturing employment has averaged 31,000 per month in Nov-Jan.

    Overall a report without major surprises.
    Read the Squawk
  • Editor’s Picks / 2 hours ago

    OECD: Speculator mania for DKK makes no sense

    Bloomberg
    The obsession with holding kroner that has gripped speculators since mid-January is hard to explain given the state of Denmark’s economy. That’s according to the Organization for Economic Cooperation and Development, Bloomberg’s Peter Levring reports.
    “It’s actually strange that there’s such a pressure for appreciation,” Catherine Mann, the Paris-based group’s chief economist, said in an interview in Copenhagen. “The economy isn’t that strong, it’s not very different from the euro area, so demand for appreciation shouldn’t be that strong.”
    Read article on Bloomberg
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  • Trade view / 4 hours ago
    Medium term

    Lower high confirms negative EURCAD tone

    Partner at 3 C ANALYSIS
    United Kingdom
    Although trading over the three preceding weeks took place around an important longer term average, last week saw a return of strong selling interest in EURCAD. This latest lower high keeps a negative series from March 2014 intact and coupled with bearish momentum and strength indicators, further downside is expected.
    Read the Trade View
  • Squawk / 4 hours ago
    Global Head of FX Spot / Saxo Bank
    Denmark
    EURUSD: Offers said to be lining up at 1,1250 - just above 38,2 fibo @1,1244- with stops seen above.
    Read the Squawk
  • Squawk / 4 hours ago
    Global Head of FX Spot / Saxo Bank
    Denmark
    EURUSD: Grinding through 1,1210-30 resist.
    1.1244 is 38.2 fibo of 1.1380-->1.1160 (also Friday's high)
    Read the Squawk
  • Trade view / 5 hours ago
    Short term

    Update: USDJPY pushing higher

    Senior Market Analyst (Equities & FX) / Faraday Research
    United Kingdom
    Prices have started to “staircase” higher, using previous resistance as new support on multiple occasions. This is a very bullish sign as it indicates that the market is trending in a sustainable fashion.
    Read the Trade View
  • Article / 5 hours ago

    Nemtsov's murder makes Moscow a darker place

    Russia oil and gas expert
    United Kingdom
    Nemtsov's murder makes Moscow a darker place
    The murder of the leading opposition politician in Moscow makes Russian politics more menacing, with even fewer voices of dissent. For investors, Russia might be becoming an ever riskier place where politics are drifting towards the extreme and unpredictable.
    Read the article
    10m
    Anar Babayev Anar Babayev
    Надя опять на меня разозлиться и удалить все(((
  • 2h
    Mister Fischer Mister Fischer
    This comment has been redacted