This week's result is a small 1% gain. This was mainly due to automatic trading. The manual trades are in the plus but the result has not yet been taken. It was an eventful week with an even better view of the interest rate changes in the middle of this month. Striking is the weakening of the Dollar, from which currencies such as Euro and Pound benefit. We will not sit still in the coming week. The according to news items pass by:
Mon Jul 10
17:00 GBP BOE Gov Bailey Speaks
Tue Jul 11
8:00 GBP Claimant Count Change 20.5K -13.6K
Wed Jul 12
4:00 NZD Official Cash Rate 5.50% 5.50%
NZD RBNZ Rate Statement
5:10 AUD RBA Gov Lowe Speaks
10:00 GBP BOE Gov Bailey Speaks
14:30 USD CPI m/m 0.3% 0.1%
USD CPI y/y 3.1% 4.0%
USD Core CPI m/m 0.3% 0.4%
16:00 CAD BOC Monetary Policy Report
CAD BOC Rate Statement
CAD Overnight Rate 5.00% 4.75%
17:00 CAD BOC Press Conference
Thu Jul 13
8:00 GBP GDP m/m -0.3% 0.2%
14:30 USD Core PPI m/m 0.2% 0.2%
USD PPI m/m 0.2%-0.3%
USD Unemployment Claims 251K 248K
Fri Jul 14
16:00 USD Prelim UoM Consumer Sentiment 65.5 64.4
Looking at the list of which couples get our attention are that:
- The Yen pairs. The Yen is getting stronger.
- AUDNZD where the NZD will gain ground
Mon Jul 10
17:00 GBP BOE Gov Bailey Speaks
Tue Jul 11
8:00 GBP Claimant Count Change 20.5K -13.6K
Wed Jul 12
4:00 NZD Official Cash Rate 5.50% 5.50%
NZD RBNZ Rate Statement
5:10 AUD RBA Gov Lowe Speaks
10:00 GBP BOE Gov Bailey Speaks
14:30 USD CPI m/m 0.3% 0.1%
USD CPI y/y 3.1% 4.0%
USD Core CPI m/m 0.3% 0.4%
16:00 CAD BOC Monetary Policy Report
CAD BOC Rate Statement
CAD Overnight Rate 5.00% 4.75%
17:00 CAD BOC Press Conference
Thu Jul 13
8:00 GBP GDP m/m -0.3% 0.2%
14:30 USD Core PPI m/m 0.2% 0.2%
USD PPI m/m 0.2%-0.3%
USD Unemployment Claims 251K 248K
Fri Jul 14
16:00 USD Prelim UoM Consumer Sentiment 65.5 64.4
Looking at the list of which couples get our attention are that:
- The Yen pairs. The Yen is getting stronger.
- AUDNZD where the NZD will gain ground