Market Upate 10/04/2017

The AUD has fallen to near a 3 month low trading below $0.75 USD in the wake of a weaken price of iron ore and strengthen of USD.  Investors will be looking for trading news on Thursday with Australia releasing unemployment numbers and later that evening the release of US unemployment claims follow by consumer sentiment, CPI figures and US retail sales numbers.
DATA RELEASES THIS WEEK:
Tuesday
USD – Fed Chair Yellen Speaks
GBP – CPI y/y
Wednesday
CNY – CPI y/y
CNY – PPI y/y
GBP – Average Earnings Index 3m/y
GBP – Unemployment Rate
Thursday
CAD – BOC Monetary Policy Report
CAD – BOC Rate Statement & Overnight Rate
CAD – BOC Press Confidence
AUD – Employment Change & Unemployment Rate
CNY – Trade Balance
USD – Crude Oil Inventories
USD – Unemployment Claims
Friday
USD – Prelim UoM Consumer Sentiment
USD – CPI m/m
USD – Core Retails Sales & Retails Sales m/m
For further information please contact one of our offices.
Andrew Law
General Manager
m: 0411 625 998
Posted in Foreign Exchange News.