There are a few markets which are closed today for Remembrance / Armistice / Veterans day. This morning we just have UK data GDP and Manufacturing/ Production data
It’s Non-Farms Friday, plus we have Fed Chair Powell speaking later this afternoon. It might be one of those waiting games today.
There was no cut from the RBA leaving the AUD base rate at 1%. However the AUD has rallied which might give us the chance of a sell if it triggers.
It is a quiet day in potentially a busy week. The US and Canada are both on holiday. The main number out this morning is the UK manufacturing.
As we lead into the US Labor day weekend we have some potential end of month volatility, but not a great deal of scheduled news out during the day. Keep up to date with me on twitter @ezeeforextrader
Key today is the US GDP figure. We have seen it fall over previous quarters, is this going to come in and disappoint? That would see the dollar sold for a moment at least. Watch out for 13:30 GMT. I…
There is little in the way of economic reports again today so we are left to the tweets and political comments for moments of volatility.
Following the Jackson Hole and G7 meetings we have little to move the markets today fundamentally.
They Jackson Hole Symposium will draw the most focus later today particularly when Fed Chair Powell speaks. Is he going to remain firm on suggesting that they are just seeing a blip, or is he going to discuss further rate…
It may well be another quietish summers day but we have the FOMC minutes much later and who knows someone else may come out and agree with Merkel regarding practical solutions for the Brexit agreement.