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Thursday, 1 June 2017

Trading plan for 01/06/2017

Trading plan for 01/06/2017: 
After the poor data from China, AUD was heavily sold. The Shanghai Stock Exchange moved down, but the rest of the indexes are trading flat. GBP/USD is coming down from the highs as the political issues are setting the tone for trade. Crude Oil rebounded after better-than-expected stockpiles data. 
On Thursday 1st of June, the event calendar is quite busy with important news releases, so global investors will pay attention to PMI Manufacturing data from the Eurozone and the UK, ADP Non-Farm Employment Change, Unemployment Claims, and ISM Manufacturing PMI from the US.


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