Welcome, Traders!
Today is Monday the 31st of July or Tuesday the 1st of August, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The Australian dollar rose as traders sought to position themselves ahead of the RBA's policy meeting on Tuesday. After the BoJ announced unplanned bond-market purchases, the yen plummeted to its lowest level in roughly three weeks.
Docket:
7:30 PM ET
Japanese Unemployment Rate - Forecast: 2.6% | Prior: 2.6%
Japanese Jobs/Applicants Ratio - Forecast: 1.32 | Prior 1.31
9:30 PM ET
Australian Building Approvals - Forecast: -8% | Prior: 20.6%
9:45 PM ET
Chinese Caixin Manufacturing PMI - Forecast: 50.1 | Prior: 50.5
12:30 AM PT
RBA Cash Rate - Forecast is for a 25 bps hike to 4.35%.
RBA Rate Statement
Good luck!
