The US inflation data is out!
US Monthly PPI will be announced on Friday at 15:30 MT time.
Aussie and Kiwi are nearly intact vs. US dollar in late trade
On Wednesday, the Australian as well as New Zealand dollars were nearly intact versus their American rival after the publication of positive Australian data. Additionally, market sentiment remained backed worldwide.
The currency pair AUD/USD was intact, sticking to 0.8026.
Earlier, the Westpac Banking Corporation informed that consumer sentiment leapt by 2.5% in September after a 1.2% sag last month.
Meanwhile, market sentiment kept improving because Hurricane Irma have caused less damage than previously anticipated. Moreover, financial markets appreciated the absence of any fresh provocations from North Korea.
Aside from that investors seemed to neglect North Korea’s rejection of sanctions recently imposed by the UN Security Council.
On Monday, the Security Council voted to increase sanctions on the isolated regime, thus responding to its sixth nuclear test.
The currency pair NZD/USD was nearly intact demonstrating an outcome of 0.7290.
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Will the pound keep standing?
UK Preliminary Quarterly GDP is out on Thursday at 09:00 MT time.
Will the RBNZ support the kiwi?
The New Zealand interest rate is announced on Wednesday at 03:00 MT time.
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All eyes on AUD
Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!
Market is crazy after Biden’s transition
Oil jumped to March high, stocks are heading to record highs, while the US dollar is on the back foot.
Wednesday is full of US reports
News geeks get ready for the chain of US reports, which starts at 15:30 MT time on November 25!
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