- Summary:
- Our trading calendar starts in European trading session with the German factory orders due at 6:00GMT Swiss currency reserves will be released at 7:00GMT
Our trading calendar starts in European trading session with the German factory orders due at 6:00GMT Swiss currency reserves will be released at 7:00GMT while the Swiss total sight deposits will come out at 8:00GMT.
In American calendar the Fed Consumer Credit month over month will be released at 19:00GMT.
In our central bankcalendar Fed Chair Powell will deliver a speech at 19:00.
In Asian trading session the Japan August leading index came in at 91.7 in line with expectations. Â Â Japan Coincident Index came in at 99.3 below expectations of 101.1 in August.
The Australia AiG Performance of Construction Index came in at 42.6 Â from previous 44.6 to in September.
Asian indices are trading mixed today; Nikkei is 0.18% lower at 21,370. EURUSD trades 0.02% higher at 1.0977; the USDJPY is 0.01% lower at 106.88 while the AUDUSD is 0.30% lower at 0.6748.
Trade tensions between US and China and EU and US after new tariffs and political turbulence in Capitol Hill will continue to have a significant impact on forex markets. Brexit developments will be the main force that drives GBP.