Welcome, Traders!
Today is Thursday the 8th of June or Friday the 9th of June, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The dollar plummeted and Treasury yields fell after an increase in US unemployment claims gave the Federal Reserve greater discretion to keep interest rates unchanged next week. Asian currencies were higher against a broadly weaker greenback, with the yen on track for its biggest daily gain in nearly three weeks on the back of strong GDP data, and the Australian dollar on track for its first back-to-back weekly gains since January following the RBA's surprise rate hike earlier this week.
Docket:
7:00 PM ET
S. Korean Current Account Bal NSA - Forecast: | Prior: 0.27B
7:50 PM ET
Japanese M2 Money Supply - Forecast: | Prior: 2.5%
9:30 PM ET
Chinese PPI YoY - Forecast: -4.3% | Prior: -3.6%
Chinese CPI YoY - Forecast: 0.2% | Prior: 0.1%
Good luck!
