The Australian dollar stabilized on high ground, consolidating previous gains. What’s next? Australian capital expenditure and Chinese data stand out in a busier week. Building Approvals: Wednesday, 1:30. A rise of 10.9% in June will probably be followed by a drop now.Construction Work Done: Wednesday, 1:30. We will now receive the data for Q2.HIA New Home Sales: Thursday, 1:00. A rise could be seen now.Chinese official Manufacturing ...
Dollar/yen was leaning lower in a week that saw further political issues for President Trump. Nevertheless, the pair maintains a distance from the 108.10 level which remains critical. The last week of August and the first day of September provide a lot of action. A revised measure of GDP, consumer confidence and a short buildup to the Non-Farm Payrolls stand out. Will wages finally rise in the US? The report for August will probably show ...
GBP/USD was making attempts to recover but did not go anywhere fast and found itself grinding lower. The upcoming week feature the manufacturing PMI as well as other figures. Nationwide HPI: Tuesday, 6:00. Various housing price indices have been pointing downwards, but Nationwide’s figure has shown a rise of 0.3% in July.BRC Shop Price Index: Tuesday, 23:01. The British Retail Consortium’s measure provides another gauge on consumer ...
EUR/USD was looking good during the last full week of August and remained range-bound. What’s next? The inflation figures stand out as we turn the page into September. Monetary data: Monday, 8:00. The European Central Bank measures the amount of money in circulation (M3 Money Supply) and private loans. The ECB’s expansionary policies pushed the volume of loans back to growth after a period of declines.German GfK Consumer Climate: ...
The US dollar was on the back foot across the board in the last full week of August. An update on US GDP, consumer confidence, and the all-important Non-Farm Payrolls stand out. CB Consumer Confidence: Tuesday, 14:00. A score of 120.3 is on the cards now.ADP Non-Farm Payrolls: Wednesday, 12:15. Payrolls software provider ADP publishes its jobs report for the private sector and always influences markets. The figures released do not ...