What’s in store for today

  • Japan June current a/c total (forecast Yn 415.48 bln / Yn 215.1 Bln prior) at 23:50 GMT.
  • Japan June adjusted current a/c (forecast Yn 714.7 bln/ Yn 282.2 bln prior) at 23:50 GMT.
  • Japan June trade balance-BOP basis (forecast Yn 114.9 bln/ Yn 848.2 bln prior). at 23:50 GMT.
  • Japan June current a/c balance (forecast 24.9%/-62.6% prior). at 23:50 GMT.
  • Japan July bank lending ex-trusts (forecast 0.8%/ prior 0.8%) at 23:50 GMT.
  • Japan July bank lending including trusts ( prior 0.7%) at 23:50 GMT.
  • N.Z. QV July house prices y/y (prior 4.2%) at 00:00 GMT.
  • Australia June home loans m/m ( forecast 2 %/ prior -1.2%) at 01:30 GMT.
  • Australia June investment lending (prior -4.6%) at 01:30 GMT.
  • Australia June owner-occupied home loans (prior 0.2%) at 01:30 GMT.

Just a little something to look forward to later today . Nothing earth shattering , but maybe something to justify the odd 5 to 10 pip move we might get .

Euro looks like it will start off just where I left it last night AND yesterday at 1.2400. Usd/Jpy has a firmer tone around 78.60.(No Azumi today?) I’m a little surprised the Aussie $ didn’t motor through 1.0600 with any conviction and now starting out at the 1.0550 support level.

Good luck today .

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