Daily Market Update

Key Data Being Released Today. Thursday USD Pending Home Sales m/m USD Crude Oil Inventories: Prev. -3.5M BOE Gov Bailey Speaks USD Fed Chair Powell Speaks CNY Manufacturing PMI: Exp.50.3 USD Final GDP q/q: Exp. 6.7% USD unemployment claims: Exp. 328K USD Chicago PMI: Exp.64.9   The Aussie Dollar   Market volatility has picked up on […]

Data: Wednesday: USD CB Consumer Confidence: Exp. 115.2 vs. 109.30 FOMC Member Bostic Speaks (Federal Reserve Bank of Atlanta President Raphael Bostic) AUDUSD Day’s Range: 0.72280 – 0.73111 Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen both warned that a U.S. default due to failure to raise the debt ceiling would have catastrophic

Key Data Being Released Today.   Tuesday: FOMC Member Brainard Speaks (Federal Reserve Governor Lael Brainard) BOE Gov Bailey Speaks AUD Retail Sales m/m: Exp. -2.5%   The Aussie Dollar Overnight the Aussie Dollar is struggling to keep the momentum of Monday’s rebound, failing to trade above 0.7300.   The sluggish mood in the market

Data: Monday: ECB President Lagarde Speaks FOMC Member Evans Speaks (Federal Reserve Bank of Chicago President Charles Evans) USD Core Durable Goods Orders m/m: Exp.0.5% USD Durable Goods Orders m/m: Exp.0.7% FOMC Member Williams Speaks (Federal Reserve Bank of New York President John Williams) Tuesday: FOMC Member Brainard Speaks (Federal Reserve Governor Lael Brainard) BOE

Data: Monday No real impactful data Tuesday AUD Monetary Policy Meeting Minutes Wednesday JPY Monetary Policy Statement Thursday USD Crude Oil Inventory: prev. -6.4M vs.-3.5M USD FOMC Economic Projections USD FOMC Statement USD Federal Funds Rate: <0.25% USD FOMC Press Conference CNF SNB Monetary Policy Assessment EUR German Flash Manufacturing PMI: Exp. 61.3 vs. 58.5