Forexlive European FX news wrap 11 Oct – Sentiment across markets sullied | Forexlive

Newsqawks US Market Open: Sentiment across markets sullied with the ES Dec’22 dipping under 3,600; DXY tested 113.50 to the upside

Summary –

European bourses are once again underwater; US futures are also on the backfoot with the ES Dec’22 contract dipping below 3600

DXY is firmer on the day with a current intraday high of 113.50, G10s are mixed vs the USD with the CAD and AUD the laggards

Schatz and Bund futures both retreated to new intraday lows, 10yr UK debt future also recoiled to a deeper Liffe low, and US Treasuries are narrowly mixed

BoE said it intends to purchase index-linked Gilts effective from Oct 11-14, and announced a temporary pause to corporate bond sales

Taiwan said that two US Congressional delegations are to visit this week, according to a statement

Looking ahead, highlights include US IBD/TIPP, speeches from ECB’s Lane, Fed’s Harker & Mester, BoE’s Bailey & Cunliffe, SNB’s Jordan, RBA’s Ellis, Astana Summit, auction from the US