Today we had GBP average earnings index & claimant count change which came out as in line and negative deviated; however, the unemployment rate was a positive number, in fact, it hasn’t been this low since 11 years. So of course, this provided some strength into the currency but the larger claimant change also gave it some negativity - as usual, this currency is in a neutral to bearish stance.
Then later in NY session, we had CAD manufacturing sales which came out as positive number while USD PPI data and core PPI were a miss as negative deviation especially the core PPI.
The crude oil inventories were a built up today as well.
Later on we will have AUD employment data in Asian session
Sentimentally, WTI was red today but still closed above $45 per barrel, equity markets were also all red to give us a risk off sentiment day.
FED Bullard almost confirmed the hike in Dec unless there is surprise event happening between now and then.
EU officials said that Brexit talks will take a lot longer than 2 years.
Today we had GBP average earnings index & claimant count change which came out as in line and negative deviated; however, the unemployment rate was a positive number, in fact, it hasn’t been this low since 11 years. So of course, this provided some strength into the currency but the larger claimant change also gave it some negativity - as usual, this currency is in a neutral to bearish stance.
Then later in NY session, we had CAD manufacturing sales which came out as positive number while USD PPI data and core PPI were a miss as negative deviation especially the core PPI.
The crude oil inventories were a built up today as well.
Later on we will have AUD employment data in Asian session
Sentimentally, WTI was red today but still closed above $45 per barrel, equity markets were also all red to give us a risk off sentiment day.
FED Bullard almost confirmed the hike in Dec unless there is surprise event happening between now and then.
EU officials said that Brexit talks will take a lot longer than 2 years.