Not just economic growth figures for the April to June quarter, three is also activity data for June – For those just tuning in after the weekend, the data is I posted earlier:
Light action to start the week ForexLive It’s a Japanese holiday today (I was in Tokyo for the weekend and it was packed and scorching hot, p.s. don’t do Disneyland in the summer if you have a choice) so liquidity leading up to European trading and at the start should remain thin.
Preview of the retails sales and the NY Federal Reserve Empire State Manufacturing Survey Its a busy morning coming up for US markets, with some politics to kick it off:
Payment firm Visa inflation-adjusted spending (on its credit and debit cards) – +0.7% y/y In June – follows +0.9% y/y in May Visa reported spending in shops and retail establishments grew more quickly than online for a second month in a row, the first time that has happened since 2012
Forex and Bitcoin news for Asia trading Monday 16 July 2018 After the previous two Monday morning in early Asia saw low liquidity forex volatility today was a little more subdued. Weekend news flow was light and only minimally impactful on the currency rates.
Temporary ant-dumping measures on some rubber products from Japan and South Korea Measures take effect today! ForexLive
A heads up for what is on the agenda from Australia this week. I’ll get previews posted on approach. – Monday – nothing of note from OZ, but there is China data, of course:
China’s Premier Li speaking as part of the meeting with the EU, President Donald Tusk attending Comments from Li: ForexLive
June month economic activity data Retail Sales 9.0% y/y – expected 8.8%, prior 8.5% Retail Sales YTD 9.4% y/y – expected 9.4%, prior 9.5% Industrial Production 6.0% y/y – a bad miss this one
Some housing prices data from the UK, these for July -0.1 % m/m – prior +0.4% m/m +1.4 % y/y – +1.7% prior Rightmove: – says a ‘glut’ or property came onto market in July Not a forex mover.