CEEMEA OPEN: US JOLTs in focus today

30 JULY 06:10GMT: The DXY is fairly steady along the 104.600 handle, To recap matters from Monday, Dallas Fed Manufacturing Activity for July fell slightly more than expectations to print -17.5 in Jul from Jun -15.1, (f/c -14.2) , pointing to deteriorating in manufacturing activities in the region, consistent with surveys done in other regions. The fall was partly driven by a decline in the New Orders Index plunging 12 points to -12.8, signifying a pullback in demand. Also, After hours yesterday, the US cut its July-September borrowing forecast to $740bn from $847bn & the Treasury said it expects to borrow $565bn in Q4. . The second half sees US JOLTS job openings (8000k f/c vs 8140k previously) while Jul Consumer Confidence is f/c to decline to 99.7 from 100.4 prior. The US10yr yield is steady along the 4.18% handle and USD/CEEMEAs are mostly firmer at the European open on Tuesday. The PLN is facing the most pressure at the moment in the EM sector, currently down -0.10% vs the USD, while the TRY is the only gainer thus far of 0.06%. Still to come is Hungary's GDP data (6:30GMT), Czech GDP data (7GMT), Turkey Economic Confidence (7GMT) and S. Africa budget balance. In the US House price index data (13GMT), S&P CoreLogic data (13GMT), JOLTs, Consumer Confidence (14GMT) and Dallas Fed Services Activity (14:30GMT).

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