There are again hardly any important data, but plenty of ECB, Fed and BoE governors will give their view. The US Treasury will sell $40 bln of 10-y Notes. Most central bankers probably will hold their view. We look out whether BoE’s Bailey will join the soft assessment of its Chief economist. If so, EUR/GBP might weaken further beyond EUR/GBP 0.87. For EUR/USD, the test of the 1.0764/69 area is rejected for now, but the correction lower only develops in a very gradual way.
Australian shares are set to open lower. US shares opened higher to start their week, then faltered. RBA decision in focus. Iron ore eyes $US124 a tonne.