ArticleBody
UBS with their macro economic look ahead for the new week
The bank highlights:
- Central banks: ECB (Thursday), BOJ (Friday), Riksbank (Sweden, Thursday). BoC Gov. Poloz testifies twice this week
And add their:
- Strongest Directional View(s):
- Sell EURJPY - Continuing our bearish EUR view for a 3rd week ahead of PMI's & ECB. We buy JPY to gain defensive exposure in Asia.
- Buy USDCAD - One of the best value trades this week (cheap optionality, swaps higher, Poloz).