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.|
The US NFP will be published on August 7 at 15:30 MT time.
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
Follow the BOE monetary policy and rate statements on August 6 at 14:00 MT time…