The Reserve Bank of Australia (RBA) will hold a meeting and announce changes to the monetary policy on August 3, at 07:30 MT time (GMT+3).
Australian Retail Sales
|Tuesday, May 8, will be a busy day for the Australian dollar. Retail sales figures will come out at 4:30 MT time. Retail sales provide good insight into the nation’s economic activity, so positive data may support the AUD and will not let it plunge during the RBA’s outlook. This will create a great trading opportunity during the Asian session.|
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!
Today traders await the European Central Bank to make a policy statement at 14:45 MT (GMT+3).
Read a short market wrap before trading today!
The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.
Our analyst discusses the latest news and shares his trade ideas on gold, EUR/USD, and S&P 500. Jump in!