Today was another light economic datas day. Few non tier one datas in London session followed by disappointed New Home sales from US and finally a draw of crude oil inventories.
The Trade balance from NZD was also a negative number.
Last night the AUD CPI q/q came out positive than expected and previous, trimmed Mean CPI q/q was in line with expectation as well.
Sentimentally, WTI still closed below $50 and had tested $50 as resistance but failed. Equity markets were all red, a risk off sentiment day.
Another news from OPEC member Iraq casted doubt over OPEC meeting next month in Vienna as evidences show Iraq has no intention to cut oil out.
Britain official David Jones had commented the procedure for Brexit must go through the parliament, which is a good news for GBP.
Lastly, the election is still the main uncertainty for USD and now it’s approaching everyday, market has grown uncertain for the future.
The Trade balance from NZD was also a negative number.
Last night the AUD CPI q/q came out positive than expected and previous, trimmed Mean CPI q/q was in line with expectation as well.
Sentimentally, WTI still closed below $50 and had tested $50 as resistance but failed. Equity markets were all red, a risk off sentiment day.
Another news from OPEC member Iraq casted doubt over OPEC meeting next month in Vienna as evidences show Iraq has no intention to cut oil out.
Britain official David Jones had commented the procedure for Brexit must go through the parliament, which is a good news for GBP.
Lastly, the election is still the main uncertainty for USD and now it’s approaching everyday, market has grown uncertain for the future.