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Tuesday, 11 July 2017

Trading plan for 11/07/2017

Trading plan for 11/07/2017: 
The US Dollar strengthened a little overnight. The biggest move is noticeable at JPY and NZD. The other main currencies remain stable. Sentiment in the stock markets at the turn of the season remains unambiguously positive. Oil, gold, and copper are relatively stable overnight, but the pressure on the precious metals is maintained and sentiment towards energy commodities is clearly improving. 
On Tuesday 11th of July, the event calendar is light in important data releases, but global investors will pay attention to Industrial production data from Italy, Housing Starts data from Canada and JOLTs Job Openings data from the US. Moreover, some central bank policy members will be speaking during the day. The first one to speak is FOMC member John C. Williams, then MPC member Andy Haldane, then BOE Deputy Governor for Monetary Policy Ben Broadbent and at the end of the day FOMC member Lael Brainard will give a speech.


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