- N.Z. July Retail Card Spending (survey 0.3%/prior 0.4%) at 22:45GMT.
- N.Z. July Total Card Spending ( prior 0.4% ) at 22:45 GMT.
- Japan July Domestic CGPI y/y (survey -1.5%/prior -1.3%) at 23:50 GMT
- Japan July Domestic CGPI m/m (survey 0.1%/ prior -0.6%) at 23:50 GMT
- RBA Monetary Policy Statement at 01:30 GMT
- Japan June Final Industrial Production m/m (prior -0.1%)
- Japan June Final Industrial Production y/y (prior -2.0%)
- Japan June final Capacity Utilization m/m (prior -2.2%)
Not much to go on today as we approach the close of the NY session . Euro going out on a firmer tone breaking above 1.2300 . You would probably expect some resistance at the 1.2325/30 level (former support level) , and bids coming in around the 1.2260/65 level for now.
Usd/Jpy consolidating around 78.50 (sound familiar ) with bids at 78.30/35 and exporters on the offer starting at 78.80.
Aussie $ remains firm at 1.0580 with buyers lined up around 1.0525/30. After yesterdays better than expected employment numbers , the RBA will more than likely keep rates steady . Topside we could test the 1.0635/40 level , the ‘barrier’ at 1.0650, and sellers around the 1.0675/80 level.
Good Luck Today.
