Market Updates 18 Dec 2017

AUDUSD traded higher in the opening of Monday’s markets on the back of stronger commodities prices and the chances on the US Federal Reserve to slow the pace of any interest rate hikes.

 

SPI up 29 points following a strong trading end in the US buoyed by a proposed tax cuts in the US, with local Miners putting in a strong performance and ANZ Bank announcing a share buyback program. As we are winding down to the last trading weeks for 2017, there are not many directions investors can look for other than the unemployment rate coming out of US & Monetary Policy out coming out of Japan.

 

DATA RELEASES THIS WEEK:

Monday:

AUD – New Motor Vehicle Sales m/m & Mid-Year Economic and Fiscal Outlook

EUR – Final CPI y/y & Final Core CPI y.y

 

Tuesday:

USD – NAHB Housing Market Index, Building Permits

AUD – Monetary Policy Meeting Minutes

 

Wednesday:

AUD – CB Leading Index m/m

USD – FOMC Member Kashkari Speaks

GBP – BOE Gov Carney Speaks

 

Thursday:

CNY – CB Leading Index m/m

USD – Crude Oil Inventories, Final GDP q/q & Unemployment Claims

NZD – GDP q/q

JPY – Monetary Policy Statement, BOJ Policy Rate & BOJ Policy Press Conference

CAD – CPI m/m

 

Friday:

GBP – Current Account

CAD – GDP m/m

USD – Core Durable Goods Orders m/m

 

Andrew Law

General Manager

+61 411 625 998

Posted in 外汇新闻.