Once the price has broken the trend line we might see a correction of his movement.
However, before it starts drop it might retest once again the trend line to fall at least 80-90 pips.
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Australia: Unemployment rate, July 5.6% (forecast 5.6%)
Australia: Changing the number of employed, July 27.9 (forecast 20)
Japan: Trade Balance Total, bln, July 419 (forecast 392)
New Zealand: PPI Output (QoQ) , Quarter II 1.3% (forecast 0.7%)
New Zealand: PPI Input (QoQ), Quarter II 1.4% (forecast 0.9%)
DJIA +0.16% 22,033.14 +34.15 Nasdaq +0.20% 6,345.69 +12.68 S&P +0.16% 2,468.51 +3.90
European stocks closed: FTSE 100 +49.18 7433.03 +0.67% DAX +86.82 12263.86 +0.71% CAC 40 +36.36 5176.61 +0.71%
|remaining time till the new event being published|
|08:30||Retail Sales (MoM)||0.6%||0.2%|
|08:30||Retail Sales (YoY)||2.9%||1.4%|
|09:00||Harmonized CPI ex EFAT, Y/Y||1.1%||1.2%|
|09:00||Harmonized CPI, Y/Y||1.3%||1.3%|
|09:00||Trade balance unadjusted||21.4||22.9|
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