The US-China trade deal and upcoming PMI are in focus of traders' attention.
Bank of Japan’s Meeting & Press Conference
|The Bank of Japan will join central banks’ September meeting marathon. Japanese regulator is expected to continue its extremely loose monetary policy aimed at reaching 2% inflation target. The regulator’s statement will come out at 06:50 MT time on September 21, and its press conference will start at 09:30 MT time.|
|The regulator’s meetings always give USD/JPY and EUR/JPY traders opportunities to make money during the Asian session.|
The Reserve Bank of Australia will publish its statement and announce the interest rate on July 7, at 7:30 MT time.
The overall market sentiment was mixed after the USA recorded the largest increase in virus cases since May 9. The data even offset the better-than-expected NFP.
The risk-on tone is back on the market again. Let’s look at main trading opportunities.