MARKET UPDATES 15/05/2017

AUD is trading higher against its USD despite a surge against other major currencies. USD has climbed to a 8 week high against the CNY last week. AUD has soared against NZD and the GBP also hit a 3 week high against EUR & USD. Investors will be looking at the Unemployment rate in Australia & US on Thursday for further directions.
DATA RELEASES THIS WEEK:
MONDAY:
CNY – Industrial Production y/y
TUESDAY:
GBP – Prime Minister May speaks
AUD – Monetary Policy Meeting Minutes
GBP – CPI y/y
USD – Building Permits
WEDNESDAY:
NZD – GDT Price Index & PPI Input q/q
GBP – Average Earnings Index 3m/y
CAD – Manufacturing Sales m/m
USD – Crude Oil Inventories
THURSDAY:
AUD – Employment Change & Unemployment Rate
GBP – Retail Sales m/m
USD – Unemployment Claims
FRIDAY:
EUR – ECB President Draghi Speaks
CAD – CPI m/m & Core Retail Sales m/m
Andrew Law
General Manager
m: 0411 625 998
Posted in 外汇新闻.