Morning Call Script - 13 Nov 2023
Overnight asset drivers & the impending data calendar
What’s Moved Overnight
Another quiet Wellington open … EUR 1.0685, JPY 151.80, AUD 0.6365, GBP 1.2235. G10 all within 15-25bps displacement from Friday's close.
Asian equities traded with a general flat to softer bias (Nikkei -70bps, CSI -30bps).
Moody's move to negative watch had little to no impact on US fixed income.. 10s 4.65%.
Biden has set military talks as a priority at the APEC summit meeting with Xi
Focus returns to Washington as shutdown risks remain despite another stop gap bill being proposed by Speaker Johnson
For greater detail on the overnight news stories as well as a focus on the week ahead see The Morning Hark in your inbox around 7.15GMT (2.15 EST) whilst also watch out for Read on the Trading Floor, capturing the macro themes trending on Harkster.com by 17.30GMT (12.30EST).
Have a great day, and keep smiling!
Podcast for the Commute
Schroders - The Value Perspective with Joe Peta, the author of Moneyball for the Money Set.
The Day Ahead
EUR (08:15): ECB's De Guindos
USD (13:50): Fed's Cook
USD (16:00): NY Fed Expectations Survey
GBP (16:05): BoE's Mann
Stay informed throughout the day with our new commentary feed (‘Intraday Market Colour’) highlighting key notes, topics du jour, and HarksterHQ’s market updates around key data points and headlines.
Available on the Harkster Research Platform.
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