Market Updates 7/8/2017

AUDUSD continued to trade higher after a sell off on Friday buoyed by better than expected non-farm payroll data released. There were additional jobs creations in July rose to 209k while the market was expected only 183k.

In overseas markets – the Dow Jones ended at its 8th straight record high with gains in banks’ stocks.

DATA RELEASES THIS WEEK:

Monday:

NZD – Inflation Expectations q/q

Tuesday:

AUD – NAB Business Confidence

CHF – Unemployment Rate

Wednesday:

CNY – CPI y/y & PPI y/y

Thursday:

USD – Crude Oil Inventories

NZD – Official Cash Rate, RNBZ Rate Statement & RBNZ Press Confidence

GBP – Manufacturing Production m/m

USD – PPI m/m, Unemployment Claims

Friday:

USD – CPI m/m & Core CPI m/m

Andrew Law
General Manager
m: 0411 625 998
Posted in Foreign Exchange News.