Yesterday was a fairly mixed day yesterday to be expected with FOMC pending this week, however, there was a couple of nice market movers, Nasdaq and S&P pushed up well as it broke to make new all-time highs, Bitcoin similarly moved well following statements from Elon Musk that they will be prepared to take Bitcoin as a form of payment in the future again to see it edge higher to get over the $40 000 level again.
Before the European open there was a strength that came into the market from Euro, CAD, and NZD while weakness from the Yen, USD and CHF devalued against the major pairs.
BOE Gov Bailey is set to speak this afternoon with regards to the future growth of UK-based financial services, Retail Sales, as well as PPI, which is due out of the US this afternoon to keep track of.
Tuesday (SAST)
3:30 am - Monetary Policy Meeting Minutes (AUD)
2:15 pm - BOE Gov Bailey Speaks (GBP)
Due to speak about the future growth of UK-based financial services at an online conference hosted by TheCityUK. Audience questions expected
2:30 pm - Core Retail Sales m/m (USD)
- PPI m/m (USD)
- Retail Sales m/m (USD)