Market Updates 17 July 2017

AUDUSD continued to strengthen and traded as high as 1.3% on late Friday, topping above US $0.78 cent for the first time since May 2015. The push was triggered by a weaker than expected economic data and Feds hinted an unlikely third US interest rate hike later this year.

 

Investors will be looking at GDP result due out today from China & Unemployment numbers from US and from a local focus Unemployment numbers due out in Australia on Thursday.

 

DATA RELEASES THIS WEEK:

 

Monday:

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

 

Tuesday:

AUD – Monetary Policy Meeting Minutes

NZD – CPI q/q

 

Wednesday:

GBP – BOE Gov Carney Speaks

USD – Building Permits

 

Thursday:

AUD – Employment Change & Unemployment Rate

JPY – Monetary Policy Statement, BOJ Outlook Report & BOJ Policy Report

GBP – Retail Sales m/m

EUR – ECB Press Confidence & Minimum Bid Rate

USD – Unemployment Claims

 

Friday:

CAD – CPI m/m & Core Retail Sales m/m

 

For further information please contact;

 

Andrew Law

General Manager

0411 625 998

Posted in 外汇新闻.