Welcome, Traders!
Today is Wednesday the 19th of July or Thursday the 20th of July, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
For the second day in a row, a measure of the strength of the US dollar rose. Among Group-of-10 currencies, the British pound fell the most, followed by the yen. UK inflation fell faster than predicted, forcing traders to reduce their expectations on interest rate hikes.
Docket:
7:50 PM ET
Japanese Total Trade Balance - Forecast: -54.35B | Prior: -1,372.5B
Japanese Imports YoY - Forecast: -11.4% | Prior: -9.9%
Japanese Exports YoY - Forecast: 2.6% | Prior: 0.6%
9:15 PM ET
PBoC Interest Rate 1 Yr - Forecast is for no change at 3.55%.
PBoC Interest Rate 5 Yr - Forecast is for no change at 4.20%.
9:30 PM ET
Australian Unemployment Rate - Forecast: 3.6% | Prior: 3.6%
Australian Employment Change - Forecast: 15k | Prior: 75.9k
Good luck!
