Hello, and welcome to another awesome Forex Market Week! Are you ready to make some good pips this week? Let’s get into the news from Asia’s market, and then talk about the rest of the day.
For starters, Oil is just a bit over $123 at writing.
New Zealand has released their trade balance, which was at a deficit at -.22 Billion, but surpassed consensus’s bid at -.4 Billion. Way to go!
Australia had a couple of items on the list for yesterday, first being some words spoken from Reserve Bank Assistant Governor Dr. Guy Debelle. The podium piece was at a conventon about debt, something some of us for sure know first hand!
The second item that was on the docket was the National Australian Bank’s Quarterly Business Confidence has dropped to twice it’s previous number at -8.
Going into the European Market, we have German Consumer Confidence, which is coming in at a decline at 2.1 previously at 3.6.
The Us Market is just about quiet, but we will be expecting some word from Federal Open Market Committee member Frederic Mishkin.
The Asian Market Session later on will be the busy one here, starting with New Zealand’s Monthly Building Consents, (These are Building Permits actually, to eliminate Confusion.)
Japan has a trio of events happening. Starting with overall household spending over last year in comparison. Also look for Retail Sales, and the Unemployment Rate.
Australia comes on the map to close out the news with the Leading Index Monthlies.
Have an awesome day of trading, and TRADE ON!

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Filed under: Asian Open/North American Close News, Asian Wrap Cap/ European Open News, Europe Wrap Cap/North American Midday News, North Amercian Open/Europe Midday News by Thomas Howell