You can always find my weekly analysis in the FXRENEW Blog each week, along with articles and thought leadership pieces. My new Coaching Page is also online.
Here is this week's Game Plan:
There wasn’t any market moving news of note on the weekend – so it should be a quiet start when the Sydney market opens on Monday. Risk assets and equities might continue their ascent this week after NFP challenged the Fed's inflation expectations. However, US CPI could be a game-changer if it comes in stronger than expected. Another risk to the positive market environment comes from US & China not making much headway in trade talks
Bank of England and RBNZ will be the focal points this week. The market is expecting a dovish tone from Carney, and has more of a curious stance towards RBNZ Governor Orr. There is a risk of hawkish commentary from Orr.
Outside of Central Banks, the main event will be US CPI. We also get AU Retail Sales, NZD Inflation Expectations, FED's Powell speaking, Cad Employment and a late Friday Speech from Draghi.
Going into the week I remain bearish on GBP & EUR vs. AUD & CAD. I remain bullish on FTSE for the 4th week in a row and also bullish on Dax. I am bullish on Crude Oil also.
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