Last night in the Asia session, we had monetary policy meeting minutes from RBA that basically were stated the same thing: RBA worries about the strength of AUD might hinder the economy of Australia and still room for further easing. However, this talk did not bring down AUD as there was nothing new about it.
Then in London session, we had CPI y/y data from UK which was better than expected and previous numbers.
In NY session, we had better than expected and previous numbers from CAD Manufacturing sales m/m.
Core CPI m/m from USD was in line with expectation, and GDT Price index from NZD was better than previous.
Later tonight we’ll have GDP data from China and industrial production number.
Sentimentally, WTI closed strongly above $50 today and equity markets closed green both European and Americas. We had a risk on sentiment day.
OPEC seem to be able to reach agreement on oil curb for November, a positive news for oil market.
News from UK that the Brexit negotiation might need to lawfully go through the parliament first, which is a positive news for UK.
Then in London session, we had CPI y/y data from UK which was better than expected and previous numbers.
In NY session, we had better than expected and previous numbers from CAD Manufacturing sales m/m.
Core CPI m/m from USD was in line with expectation, and GDT Price index from NZD was better than previous.
Later tonight we’ll have GDP data from China and industrial production number.
Sentimentally, WTI closed strongly above $50 today and equity markets closed green both European and Americas. We had a risk on sentiment day.
OPEC seem to be able to reach agreement on oil curb for November, a positive news for oil market.
News from UK that the Brexit negotiation might need to lawfully go through the parliament first, which is a positive news for UK.