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