Market Updates 21/08/2017

AUDUSD traded higher on Friday and again this morning on the back of a weaker USD. Iron Ore continue to strengthen adding 3.5% on Friday.

 

ASX is under early selling pressure as investors are sorting through the profit results from last week.  There are no major data releases this week to be released so the market will continue to digest the after maths.

 

DATA RELEASES THIS WEEK:

 

TUESDAY:

CAD – Core Retail Sales m/m

 

WEDNESDAY:

EUR – ECB President Draghi Speaks

 

THURSDAY:

USD – Crude Oil Inventories & Unemployment Claims

 

FRIDAY:

USD – Fed Chair Yellen Speaks & Core Durable Goods Orders m/m

EUR – ECB President Draghi Speaks

 

 

Andrew Law

General Manager

0411 625 998

Posted in 外汇新闻.