Market Updates 18/04/2017

Positive economic data from China has boosted stocks in US with most European & Australian markets closed during the Easter Monday trading session. Retails sales in China grew by 10.9% which helped strengthen the AUDUSD pushing it through $0.76 overnight before coming down to $0.75 this morning.
UK inflation held at 3 years high around 2.3% supporting the GBP and seeking AUDGBP lower again for nearly a 12th straight day. UK economy has continued to rebound in the wake of Brexit and the triggering of Article 50 last month.
DATA RELEASES THIS WEEK:
 
Tuesday
AUD – Monetary Policy Meeting Minutes
USD – Building Permits
Thursday
USD – Crude Oil Inventories
NZD – CPI q/q
USD – Philly Fed
Manufacturing Index
USD – Unemployment Claims
Friday
GBP – BOE Gov Carney Speaks
USD – Treasury Sec Mnuchin Speaks
GBP – Retails Sales m/m
CAD – CPI m/m
Regards,
 
Andrew Law
General Manager
m: 0411 625 998
Posted in 外汇新闻.