- Australia 2qtr construction work done q/q (survey 0.5%, prior 5.5%) at 01:30 GMT.
Let’s see, listening to Mrs. Ann Romney and New Jersey Governor Chris Christie will highlight the evening , unless we totally focus on the construction numbers out of Australia . We will also attempt to find out why Super Mario is not attending Jackson Hole this weekend (rumor is he would rather be vacationing on one of the Greek Isles before the nastiness begins next week) . EUR/USD looking bid again , USD/JPY has found that tired old level of 78.50 , and AUD/USD remains soft . Market seems to be on the sidelines with a wait and see what happens later attitude. Tonight, with the lack of anything fresh coming out , we should look for a continuation of range trading and consolidation around these levels.
Good Luck Today.
Tomorrow might be a better day
-WSJ