Market Updates 2/1/2018

Local shares started the first trading session of 2018 on the low but have rebounded shortly to have some gains during mid-morning trading.  On the currency AUDUSD, trading with big movements this morning and has increased now trading around USD $0.7815 cents. Markets will be watching closely to Non-farm payroll numbers due out this Friday.

 

DATA RELEASES THIS WEEK;

 

Tuesday:

CNY – Caixin Manufacturing PMI

AUD – Commodity Prices y/y

GBP – Manufacturing PMI

 

Wednesday:

GBP – Construction PMI

 

Thursday:

USD – ISM Manufacturing PMI, FOMC Meeting Minutes, ADP Non-Farm Employment Change & Unemployment Claims

GBP – Services PMI

 

Friday:

USD – Crude Oil Inventories, Average Hourly Earnings m/m, Non-Farm Employment Change & Unemployment Rate

AUD – Trade Balance

EUR – CPI Flash Estimate y/y

CAD – Employment Change, Trade Balance & Unemployment Rate

 

Andrew Law

General Manager

0411 625 998

Posted in 外汇新闻.