The market sentiment is mixed, but there are still interesting movements on the market.
Important release in Australia
AUD/USD is a dynamic and interesting currency pair. If you trade it, you will certainly need to know about an important economic release that will take place at 04:30 MT time on August 30.
Australia will publish private capital expenditure figures. To put it simply, this indicator shows how much money Australian companies spend to develop their business. This is a leading indicator of the country’s economic health. It’s released once in 3 months, so its impact on the AUD exchange rate is high. The last 2 times, the indicator missed the forecasts, and the AUD declined.
• If the indicator is higher than expected, the AUD will gain.
• If the indicator is lower than expected, the AUD will fall.
The Australian jobs data is announced on Thursday at 03:30 MT time.
The US president is back to White House after three days spent in the hospital. Riskier assets rose, while safe havens dipped.
Netflix stock price falls 5% on Tuesday. Why? Read the news.
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!