Welcome, Traders!
Today is Wednesday the 16th of August or Thursday the 17th of August, depending on where you are.
Here are some things to look out for in the session.
Sentiment:
The yen fell below levels where Japanese authorities first interfered in currency markets last September, fueling concerns about additional government intervention. The dollar rose for the fifth consecutive session, reaching two-month highs as minutes from the Federal Reserve's July meeting underscored inflation risks and likely rate hikes in the future.
Docket:
7:50 PM ET
Japanese Total Trade Balance - Forecast: 47.85B | Prior: 43.0B
Japanese Core Machinery Orders YoY - Forecast: -5.8% | Prior: -8.7%
Japanese Core Machinery Orders MoM - Forecast: 3.5% | Prior: -7.6%
Japanese Imports YoY - Forecast: -15.2% | Prior: -12.9%
Japanese Exports YoY - Forecast: -0.2% | Prior: 1.5%
9:30 PM ET
Australian Unemployment Rate - Forecast: 3.6% | Prior: 3.5%
Australian Employment Change - Forecast: 15k | Prior: 32.6k
Good luck!
