Welcome, Traders!
Today is Wednesday the 12th of July or Thursday the 13th of July, depending on where you are. Here are some things to look out for in the session today.
Sentiment:
After a US report showed that inflation slowed more than expected, the US dollar weakened versus key world currencies. The yen rose to its highest level since March as US rates fell following the publication.
Docket:
8:00 PM ET
New Zealand Food Price Index - Forecast: | Prior: 03.%
9:00 PM ET
Bank of Korea Base Rate - Forecast is for no change at 3.50%.
11:00 PM ET
Chinese Trade Balance USD (Tentative) - Forecast: 74.9B | Prior: 65.81B
Chinese Imports YoY USD (Tentative) - Forecast: -4.1% | Prior: -4.5%
Chinese Exports YoY USD (Tentative) - Forecast: -10% | Prior: -7.5%
Good luck!
