Arrivals scheduled at 12:30BST/06:30CDT on Thursday and 07:00BST/01:00CDT on Friday 

  •  EU Summit is to be dominated by the migration issue
  •  Brexit talks at the Summit to show little development 

Leaders are expected to discuss the internal and external dimensions of the migrations policy. German Chancellor Merkel has been facing a domestic battle over migration with CSU coalition partners, which want ot...

  • SNB is expected to stand pat on policy rate at -0.75%, with little change anticipated to the policy statement
  • The central bank is likely to reiterate its commitment to FX intervention in order to offset any unwanted appreciation of the “highly valued” CHF


The Swiss National Bank is expected to keep rates unchanged, maintaining the Sight deposit rate at -0.75%, and the 3-month LIBOR target range between -1.25% and -0.25%. In recent...

  • Asian equities failed to hold on to opening gains as trade concerns gripped sentiment ahead of China-US trade talks
  • In FX, DXY is softer and underpinning its peers with GBP/USD also supported by reports that the UK is to tell the EU it is prepared to remain in the customs union arrangement beyond 2021
  • Looking ahead, highlights include US weekly jobs, Philly Fed, ECB’s Constancio, Fed’s Kashkari, Kaplan and BoE’s Haldane


Asian equity...


Asian stocks traded mostly positive after sentiment rolled over from the US

In FX markets, USD languished around the 92.50 level after a pullback from the YTD highs.

Looking ahead, highlights include Canadian jobs report, Uni of Michigan, Baker Hughes, Fed’s Bullard and ECB’s Draghi


Asian stocks traded mostly positive after sentiment rolled over from the US where soft CPI data spurred hopes the Fed may have to slow the pace of hikes, while all sectors in the S&P 500...

Initial jobless claims are now at their lowest since December 1969 @realDonaldTrump