How to trade on August 4?
The market sentiment improved amid the slowdown in virus cases. Let's have a closer look at the AUD, S&P 500, gold and the GBP.
Australian retail sales
| Do you trade during the Asian session? Then the release of Australian retail sales for November at 02:30 MT time on January 11 will represent an excellent trading opportunity for you. |
| The indicator fell in September before rebounding in October. A strong reading will increase demand for the AUD. At the same time, if the market gets disappointed, Australian currency will suffer. |
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All eyes on AUD
The RBA will make a rate statement on August 4 at 7:30 MT time.
Main market movements on July 29
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
Latest news
Big day for USD
The US NFP will be published on August 7 at 15:30 MT time.
Main market movements on August 6
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
GBP is in focus
Follow the BOE monetary policy and rate statements on August 6 at 14:00 MT time…
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