Welcome, Traders!

Today is Tuesday the 11th of July or Wednesday the 12th of July, depending on where you are. Here are some things to look out for in the session.


While the US dollar fell, the Japanese yen rose to its greatest level versus the dollar since mid-June. Traders are dumping the dollar ahead of Wednesday's inflation report, which is expected to indicate a slowing in price increases and undermine the case for Fed rate hikes.


7:50 PM ET

Japanese Core Machinery Orders - Forecast: 0.1% | Prior: 2.5%
Japanese Core Machinery Orders - Forecast: 1% | Prior: -5.9%
Japanese PPI YoY - Forecast: 4.4% | Prior: 5.1%
Japanese PPI MoM - Forecast: 0.2% | Prior: -0.7%

10:00 PM ET

RBNZ Rate Statement
New Zealand Cash Rate - Forecast is for no change at 5.5%.

11:10 PM ET

RBA's Gov. Lowe Speaks

Good luck!