5 important events this week will bring us!
Let's consider the key events for this week's trading
Australian Retail Sales
| This is a very important economic indicator. It presents the earliest look at consumer spending data and allows to make predictions about the country’s GDP. This year, the Australian dollar has been under pressure. If global trade tensions escalate, it will suffer even more. As the Reserve Bank of Australia is not going to raise an interest rate in the near future, the AUD can be only supported by the positive economic data. Let’s look if the figures are positive at 4:30 MT time on April 4. |
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There were no major moves during the Asian trading session, however we have some events today, which may affect the sentiment in the market.
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The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
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Market updates on June 18
Welcome to Tuesday, people! Here’s your markets update ahead of the European trading session.
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