Market Updates 16/10/2017

AUDUSD continued to hold its ground after last week’s sell-off. It is now trading US$0.7883 cents helped by stronger Iron Ore demands on China import data.

 

Local share market opened stronger on the back of miners’ gains and follows a positive end to US markets. Investors are looking for further directions with Manufacturing numbers due out on Wednesday and Unemployment rate due out this Thursday in the US, while in the local market, investors are looking for our unemployment numbers on Wednesday.

 

DATA RELEASES THIS WEEK:

Monday:

CNY – CPI y/y & PPI y/y

 

Tuesday:

NZD – CPI q/q

AUD – Monetary Policy Meeting Minutes

GBP – CPI y/y & BOE Gov Carney Speaks

 

Wednesday:

EUR – ECB President Draghi Speaks

GBP – Average Earnings Index 3m/y

USD – Manufacturing Sales m/m

 

Thursday:

USD – Crude Oil Inventories

AUD – Employment Change & Unemployment Rate

CNY – GDP q/y & Industrial Production YTD/y

GBP – Retail Sales m/m

USD – Unemployment Claims

 

Friday:

CAD – CPI m/m & Core Retail Sales m/m

 

Andrew Law

General Manager

0411 625 998

Posted in 外汇新闻.