defurax
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Re: Other currencies bank accounts in Australia and opening accounts in the USA
From OzForex daily digest:
GBP: The Great British Pound is weak from yesterday’s close. UK Inflation report is growing as expected, as August’s y/y CPI on headline printed at 0.0% and on core at 1.0%. CPI rose 0.2% last month, which was in line with expectation, after a 0.2% fall in July. This was not a major surprise as BoE did reiterate last week that inflation could stay low in the short-term.
USD: U.S. Retail Sales data out at 8:30 showed misses with Core Retail Sales m/m in at 0.1% vs expectation of 0.2% and Retail Sales m/m was 0.2% vs 0.3% on expectation. Empire State Manufacturing Index was a big miss printing at -14.7 with consensus expecting -0.5.
EUR: he Euro is essentially flat from yesterday’s close. Mixed CPI data from France this morning, as m/m printed at 0.4% from the 0.3% expected while y/y disappointed. September’s German ZEW survey printed worse than expected at 12.1 when the market was forecasted for 18.3. Risk still lies n broader tone and potential safe haven gains.
From OzForex daily digest:
GBP: The Great British Pound is weak from yesterday’s close. UK Inflation report is growing as expected, as August’s y/y CPI on headline printed at 0.0% and on core at 1.0%. CPI rose 0.2% last month, which was in line with expectation, after a 0.2% fall in July. This was not a major surprise as BoE did reiterate last week that inflation could stay low in the short-term.
USD: U.S. Retail Sales data out at 8:30 showed misses with Core Retail Sales m/m in at 0.1% vs expectation of 0.2% and Retail Sales m/m was 0.2% vs 0.3% on expectation. Empire State Manufacturing Index was a big miss printing at -14.7 with consensus expecting -0.5.
EUR: he Euro is essentially flat from yesterday’s close. Mixed CPI data from France this morning, as m/m printed at 0.4% from the 0.3% expected while y/y disappointed. September’s German ZEW survey printed worse than expected at 12.1 when the market was forecasted for 18.3. Risk still lies n broader tone and potential safe haven gains.
I wonder what the % change will be if the US Fed announces (or does not announce) the first rate rise in recent years. Anyone prepared to call 69-70c the bottom?
