Because of the intraday trade preparation, today i actually stayed up and traded the London session.
We started with negative sentiment with oil market and equity markets all went down, but later on changed for the positive and both closed the session with green.
However, later on the NY session US equity went down again and finished the day with red.
The GBP prelim GDP q/q and y/y both came out as positive than expected.
Then Core durable goods were in line with expectation and unemployment claims were slightly better.
Moving to Asia session we also had Tokyo Core CPI y/y and national core CPI y/y from Japan, both were in line and slightly better than expectation.
Later on we’ll have PPI q/q from AUD, if we have another positive number, then it will be in line with yesterday’s CPI data and will be very positive for AUD.
The biggest news today was the SNB dovish comment of further easing possibility which was very negative for CHF.
Because of the intraday trade preparation, today i actually stayed up and traded the London session.
We started with negative sentiment with oil market and equity markets all went down, but later on changed for the positive and both closed the session with green.
However, later on the NY session US equity went down again and finished the day with red.
The GBP prelim GDP q/q and y/y both came out as positive than expected.
Then Core durable goods were in line with expectation and unemployment claims were slightly better.
Moving to Asia session we also had Tokyo Core CPI y/y and national core CPI y/y from Japan, both were in line and slightly better than expectation.
Later on we’ll have PPI q/q from AUD, if we have another positive number, then it will be in line with yesterday’s CPI data and will be very positive for AUD.
The biggest news today was the SNB dovish comment of further easing possibility which was very negative for CHF.