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PropMarketCapFRESHMacroeconomics and central banks

A packed Tuesday: China's LPR rate, ZEW, ADP and the Netflix report

On October 20 the calendar is packed from night until late evening: at 04:15 Moscow time China announces its benchmark LPR rate, at 12:00 the ZEW indices for Germany and the Eurozone are released, at 15:15 - weekly ADP employment data for the US, and at 23:05 Netflix reports. The movement will be stretched across the whole day rather than gathered into a single candle.

PropMarketCapFRESHCurrencies, commodities and indices

USD/CHF up for seven days: franc at 16-month low

The USD/CHF pair rose to 0.8367 on the morning of October 1, a 16-month high, and has been rising for the seventh consecutive trading session. Pressure on the franc was intensified by weak investor expectations for the Swiss economy and the SNB's dovish stance.