Morning Call For Monday, August 6

Overnight Markets and News

The dollar index (DXY00 +0.39%) is up +0.31% at a 2-week high. EUR/USD (^EURUSD -0.28%) is down -0.25% at a 1-1/4 month low after German Jun factory orders fell by the most in 17-months. USD/JPY (^USDJPY +0.26%) is up +0.17%. GBP/USD (^GBPUSD -0.55%) slumped -0.47% to an 11-month low after UK International Trade Secretary Fox said a “no-deal” Brexit is now more likely than not.

Sep 10-year T-note prices (ZNU18 -0-020) are up +1.5 ticks.

The Eurozone Jul Sentix investor confidence rose +2.6 to 14.7, stronger than expectations of +1.3 to 13.4.

ECB Governing Council member Nowotny said he supports a “faster” normalization of , saying “a slow increase” in rates wouldn't harm the Eurozone economy.

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