Daily update
Yesterday, Reports from Europe and the UK was the highlight of the data released, the most significant is UK CPI (Y/Y), which did not fulfill the expectations. Reports from UK CPI (Y/Y) remained the same with no significance difference compared to the previous year. Germany’s ZEW Survey recorded at 5.4 compared to last year’s 4.6 which further plummeted Euro/USD compared to previous week Hike after ECB Monetary Policy Meeting Minutes & ECB President Draghi’s speech. Reports from USD Monthly Budget Statement (Aug) came back positive with $-109B compared to previous year which $-113B this played a supporting role to further strengthen USD over its currency pairs. Today will be a collective of Data released from all over the world. Australia’s Westpac Consumer confidence will be released early today at 00:30 Hours GMT, Japanese Industrial Production (MoM) & (YoY) and Foreign Bond Investments will be released by the course of the day. Great Britain will be releasing data on Average Earnings & Claimant Count Rate (Aug). United States will be releasing data on Import & Export Price Index (MoM) & (YoY) along with EIA Crude Oil Stock Change. New Zealand will have its Gross Domestic Product Data on (YoY) for Quarter 2. To finish with Europe will release data on France Consumer Price Index Final (YoY) for August along with Euro Industrial Production (MoM) & (YoY). Yesterday's markets
Yesterday explained
Today's markets
Today's focus
