Market Updates 11/02/2019

ASX is set for an interesting week after the Royal Commission into Banking, Financial Services & Insurance report released last Monday. SPI is currently trading 4 points lower at 6007.

It was a mixed closed in US on Friday with Dow Jones closed down 0.3%, S & P closed up 0.1% & Nasdaq also closed up 0.1%. In Europe, FTSE closed down 0.3%, CAC down 0.5% & DAX down 1.1%.

AUDUSD also edged lower 0.2% currently trading at US 0.7085 cents while Gold traded higher 0.3% at US 1314.50, while Iron Ore closed flat at US 85.53 a tonne. After a week focussed on Royal Commission and RBA, investors will turn this week to a mix of confidence, inflation data & Corporate reporting season starts this week.

 

Please contact one of our specialists for further information or trading opportunities.

 

DATA RELEASES THIS WEEK:

Monday:

GBP – GDP m/m, Manufacturing Production m/m & Prelim GDP q/q

Wednesday:

GBP – BOE Gov Carney Speaks

USD – Fed Chair Powell Speaks

NZD – Official Cash Rate, RBNZ Monetary Policy Statement, BNZ Rate Statement, Inflation Expectations q/q & RBNZ Press Conference

Thursday:

USD – CPI m/m & Core CPI m/m

NZD – RBNZ Gov Orr Speaks

Friday:

USD – Core Retail Sales m/m, PPI m/m & Retail Sales m/m

GBP – Retail Sales m/m

 

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Posted in 外汇新闻.