Fx Market Briefs

ECB's Draghi Euro zone recovery will continue at a modest pace, ready to take further action to maintain price stability, ABS buying program will be significant Eurogroup's Dijsselbloem EU budget rules are an anchor of stability in EZ need to be preserved UK's Osborne UK to be first western govt to issue bond in renminbi S&P Greece upgraded from 'B-' to 'B' on fiscal adjustment; outlook stable Brazil analyzing lowering primary budget surplus target in '14 due to disappointing revenues (Treas Chief) Brazil Election poll shows Silva w/43%, Rousseff 42% in runoff (IBOPE) All German Landesbanks are expected to pass European stress tests (VOEB Assoc) US Import Prices MM Aug -0.9%, f/c -0.9%, -0.3%-prev US Export Prices MM Aug -0.5%, f/c -0.2%, 0.1%-prev US Retail Sales MM Aug 0.6%, f/c 0.6%, 0.3%-prev US Retail Sales Ex-Autos MM Aug 0.3%, f/c 0.3%, 0.3%-prev US Retail Ex Gas/Autos Aug 0.5%, 0.3%-prev US Retail Control Aug 0.4%, f/c 0.5%, 0.4%-prev US TR/UoM Sentiment Prelim
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