Tonight we had some good news from Australia with unemployment rate shrank by 0.2% from a previous reading. This means that the carry trade is “alive”.
EU interest rate decision is expected to stay unchanged for now, although an interest rise in China yesterday.
Next week we have lots of interesting data, including interest rate in Canada and GDP in China.
Daily Trends & Charts
Watch the Fundamentals!
Yesterday– GB Manufacturing Production: 0.0% vs. 0.3% exp.
NZ Building Consents: 1.2%, 10.7% prev.
TODAY– AU Unemployment Rate: 5.5% vs. 5.8% exp.
EU Interest Rate Decision at 12:45 GMT.
US Core Retail Sales at 13:30 GMT.
US Unemployment Claims at 13:30 GMT.
Tomorrow– US Core CPI at 13:30 GMT.
US Consumer Sentiment 14:55 GMT.
“Trends for today” is presented by Danny Spivak
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