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[PODCAST] US Open Rundown 20th September 2019

  • European bourses are firmer this morning in largely tentative trade as markets pause after a hectic week
  • NY Fed announced a fourth consecutive overnight repo operation of USD 75bln at a minimum bid rate of 1.8% for Friday at 0815-0830 ET
  • Fed’s Bullard says he dissented as a large cut is more appropriate, cites soft PCE & signs the economy is to slow soon
  • The FX space is similarly tentative with the USD little changed vs. G10 counterparts
  • Looking ahead, highlights include Canadian Retail Sales, Fed’s Rosengren & Kaplan and Quadruple Witching
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