As usual, Monday was another quiet day for today, and there weren’t any significant news over the weekend as well.
Over London session we had Final CPI y/y & Final Core CPI y/y from Europe which both came out in line with expectation and previous.
Then at New York session, both Empire State Manufacturing Index & Industrial Production m/m for USD were negative then expected numbers.
Lastly, CPI q/q from NZD came out positive than expected but still lower than previous.
Sentimentally, all equity markets were red & WTI also closed down today, but still above $50 per barrel.
RBA commented on the wary of further large rise in AUD dollar and the need for higher inflation.
Reports from Japan that corporations are not satisfied of the current easing results.
European market continued to be shadowed by Brexit and the uncertainty for Britian's future and European countries.
Major news in US are still around the presidential election which is very near; Friday’s comments from FED Yellen had pressured USD due to the possibility of more than 2% inflation, also profit takers were here on Monday as well.
Over London session we had Final CPI y/y & Final Core CPI y/y from Europe which both came out in line with expectation and previous.
Then at New York session, both Empire State Manufacturing Index & Industrial Production m/m for USD were negative then expected numbers.
Lastly, CPI q/q from NZD came out positive than expected but still lower than previous.
Sentimentally, all equity markets were red & WTI also closed down today, but still above $50 per barrel.
RBA commented on the wary of further large rise in AUD dollar and the need for higher inflation.
Reports from Japan that corporations are not satisfied of the current easing results.
European market continued to be shadowed by Brexit and the uncertainty for Britian's future and European countries.
Major news in US are still around the presidential election which is very near; Friday’s comments from FED Yellen had pressured USD due to the possibility of more than 2% inflation, also profit takers were here on Monday as well.