AXS (Australia Stock Exchange) is set for a soft start with SPI pointing a slow but negative start to Monday’s trading session. AUDUSD is trading flat around US $0.7908 cents.
Local investors are expecting to soften trading this week due to lack of data releases and focuses are on wages growth and inflation in Australia.
DATA RELEASES THIS WEEK:
GBP – BOE Gov Carney Speaks
AUD – Monetary Policy Meeting Minutes
GBP – Average Earnings Index 3m/y
GBP – Inflation Report Hearings & Second Estimate GDP q/q
USD – FOMC Meeting Minutes
CAD – Core Retail Sales m/m
USD – Crude Oil Inventories
NZD – Retail Sales q/q
CAD – CPI m/m