USD: all attention to Manufacturing PMI
USD: all attention to Manufacturing PMI Instruments to trade: EUR/USD, USD/JPY, USD/CHF US ISM Manufacturing PMI will be out on January 4 at 17:00 MT time…
The key release for the AUD
Australian Private Capital Expenditure will be announced on Thursday, May 28, at 4:30 MT time.
Instruments to trade: AUD/USD, EUR/AUD, AUD/JPY, AUD/NZD
Australian economic figures released in May have been mixed. The nation’s unemployment rate didn’t rise as much as it had been expected, but retail sales collapsed by 17.9%. On Thursday, it will be time to check another key indicator that reflects changes in businesses’ investment levels. Companies are quickly affected by market conditions, so the indicator can be an early signal of future economic activity such as hiring, spending, and earnings. The previous reading was the worst since the end of 2016. There is little doubt that Australia will release another negative figure. The question is: how bad is the situation?
If Private Capital Expenditure comes out stronger than the last time, the AUD will rise.
If Private Capital Expenditure results is weak, the AUD will fall.
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Chinese data is full of surprises
China will publish manufacturing and non-manufacturing PMIs on December 31, at 3:00 MT time.
USD awaits the last important indicator of this year
The USA will publish Chicago PMI on December 30, at 16:45 MT time.
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ECB report is in focus
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
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USD came under selling pressure
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
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