FX & CFD trading involves significant risk
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
02:00 China Leading Index July +1.3% +1.3%
08:30 United Kingdom BBA Mortgage Approvals July 43.3 44.2 42.8
The U.S. dollar traded mixed to lower against the most major currencies. Yesterday's weaker-than-expected U.S. economic data weighed on the greenback. Preliminary services purchasing managers' index declined to 58.5 in August from 60.8 in July, missing forecasts for a drop to 59.2.
New home sales in the U.S. fell by 2.4% to 412,000 units in July, missing expectations for a rise to 426,000 units. That was the slowest pace of new home sales in four months.
Market participants continue to monitor developments in Ukraine. Russian President Vladimir Putin will meet Ukrainian President Petro Poroshenko in Minsk today.
The New Zealand dollar traded mixed against the U.S dollar after the weaker-than-expected trade data from New Zealand. New Zealand's trade deficit was NZ$692 million in July, missing expectations for a decline to a deficit of NZ$475 million, after a surplus of NZ$247 million in June.
The Australian dollar traded mixed against the U.S. dollar in the absence of any major reports in Australia.
The Japanese yen traded higher against the U.S. dollar in the absence of any major reports in Japan.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair fell to Y103.74
The most important news that are expected (GMT0):
12:30 U.S. Durable Goods Orders July +1.7% Revised From +0.7% +7.4%
12:30 U.S. Durable Goods Orders ex Transportation July +1.9% Revised From +0.8% +0.5%
12:30 U.S. Durable goods orders ex defense July +0.7%
13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y June +9.3% +8.2%
14:00 U.S. Consumer confidence August 90.9 89.1
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.