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Could Month End Flows Give AUD, GBP & CAD A Lift?
French bank Credit Agricole argued yesterday that “US equities have rallied this month supported by a recovery in market risk sentiment owing to some decent US corporate earnings, combined with firmer global growth data as well as a modest abatement in market fears around global trade tensions.” The French firm also noted that “G10 equity[…]
Such has been the hype ahead of the 2-day Bank of Japan (BoJ) policy meeting that concludes on Tuesday, US firm Goldman Sach has characterised it as “the most pivotal BoJ meeting since the implementation of yield curve control (YCC) almost two years ago.” What might currency traders wish to look out for? Japan’s Nomura[…]
US Q2 GDP Preview
Friday’s US economic data focus for the currency markets will be the release at 1330h London time of the advance estimate for Q2 US gross domestic product growth with White House economic advisor Larry Kudlow quoted yesterday as saying “You’re going to get a GDP number on Friday that’s going to be a very impressive[…]