Data remains a peripheral concern as financial stability is still in question

In just five days, markets have witnessed a historic takeover of Credit Suisse by neighbouring UBS, decisions from the Federal Reserve, Swiss National Bank, Norges Bank, Bank of England, and the BCB. Rounding off the week, they also had to turn their attention back to the global banking sector where this time Deutsche Bank took to the stage. While next week’s data calendar remains fairly full in terms of events, ultimately it is likely to play second fiddle to the main event taking place in bank stocks and corporate debt markets. If we’ve learnt anything over the past three weeks, it is that weekends aren’t safe from market-moving events. We may walk into a very different financial market backdrop yet again on Monday. 

You can read the Week Ahead in full here:

DOWNLOAD THE FULL REPORT

Authors: 

Simon Harvey, Head of FX Analysis

Jay Zhao-Murray, FX Market Analyst

María Marcos, FX Market Analyst

Nick Rees, FX Market Analyst

Disclaimer

This information has been prepared by Monex Europe Limited, an execution-only service provider. The material is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is, or should be considered to be, financial, investment or other advice on which reliance should be placed. No representation or warranty is given as to the accuracy or completeness of this information. No opinion given in the material constitutes a recommendation by Monex Europe Limited or the author that any particular transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research, it is not subject to any prohibition on dealing ahead of the dissemination of investment research and as such is considered to be a marketing communication.