Economic Data Highlights:
🇺🇸 US Wholesale Sales (May):
Signals business demand.
Weaker = bearish USD, growth worries.
Stronger = supports USD, may lift yields.
🇨🇳 China Inflation (June CPI & PPI):
Key for deflation risks.
Low CPI/PPI = bearish CNY, AUD, metals, more rate cut talk.
Stronger numbers = risk bounce, may lift AUD and commodities.
🇯🇵 Japan Machine Tool Orders & Money Supply (M2/M3):
Shows capex and liquidity.
Weak orders = bearish JPY, signs of slowdown.
Limited impact unless there's a surprise.
Central Bank Focus:
🇺🇸 FOMC Minutes:
Hawkish tone = stronger USD, weaker stocks/gold.
Dovish tone = bullish risk, weaker USD.
🇳🇿 RBNZ Rate Decision:
Expected hold at 5.50%, but tone matters.
Hawkish = NZD up, especially vs AUD/JPY.
Dovish = NZD drops, AUDNZD could rise.
🇪🇺 ECB’s Nagel & Guindos:
Watch for rate cut clues.
Dovish = EUR weakens.
Hawkish = EUR support, esp. vs JPY/CHF.
Trade Setups to Watch:
USD trades post-FOMC (DXY, EURUSD, USDJPY).
NZD crosses after RBNZ (NZDUSD, AUDNZD).
AUD & metals reacting to China inflation.
EUR pairs ahead of more ECB talk Thursday.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
🇺🇸 US Wholesale Sales (May):
Signals business demand.
Weaker = bearish USD, growth worries.
Stronger = supports USD, may lift yields.
🇨🇳 China Inflation (June CPI & PPI):
Key for deflation risks.
Low CPI/PPI = bearish CNY, AUD, metals, more rate cut talk.
Stronger numbers = risk bounce, may lift AUD and commodities.
🇯🇵 Japan Machine Tool Orders & Money Supply (M2/M3):
Shows capex and liquidity.
Weak orders = bearish JPY, signs of slowdown.
Limited impact unless there's a surprise.
Central Bank Focus:
🇺🇸 FOMC Minutes:
Hawkish tone = stronger USD, weaker stocks/gold.
Dovish tone = bullish risk, weaker USD.
🇳🇿 RBNZ Rate Decision:
Expected hold at 5.50%, but tone matters.
Hawkish = NZD up, especially vs AUD/JPY.
Dovish = NZD drops, AUDNZD could rise.
🇪🇺 ECB’s Nagel & Guindos:
Watch for rate cut clues.
Dovish = EUR weakens.
Hawkish = EUR support, esp. vs JPY/CHF.
Trade Setups to Watch:
USD trades post-FOMC (DXY, EURUSD, USDJPY).
NZD crosses after RBNZ (NZDUSD, AUDNZD).
AUD & metals reacting to China inflation.
EUR pairs ahead of more ECB talk Thursday.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.