Welcome, Traders!
Today is Tuesday the 25th of July or Wednesday the 26th of July, depending on where you are.
Here is some things to look out for in the session.
Sentiment:
The US dollar fell for the first time in six sessions as the expectation of Chinese economic stimulus boosted the yuan and risk assets, with the Australian dollar leading the way among G-10 peers. The yen rose for a second day, as US rates rose across the curve after the IMF raised its growth predictions for 2023.
Docket:
9:30 PM ET
RBA Weighted Mean CPI YoY - Forecast: | Prior: 5.8%
RBA Weighted Median CPI QoQ - Forecast: 1.1% | Prior: 1.2%
Australian CPI YoY - Forecast: 6.2% | Prior: 7.0%
Australian CPI QoQ - Forecast: 1% | Prior: 1.4%
Good luck!
