Here’s a concise breakdown of the upcoming economic events and their potential market impact:
3:30 a.m. UTC | AUD Interest Rate Decision:
Focus: RBA’s rate stance (hold/cut/hike).
Direction: AUD volatility; hawkish = AUD↑, dovish = AUD↓.
4:30 a.m. UTC | AUD Press Conference:
Focus: Clarity on policy outlook, economic risks.
Direction: Further AUD moves; watch for labor/inflation hints.
9:00 a.m. UTC | EUR Inflation Rate (YoY):
Focus: Eurozone CPI data (core vs. headline).
Direction: EUR reaction; high inflation = ECB hike bets↑.
2:00 p.m. UTC | USD ISM Manufacturing PMI:
Focus: U.S. factory activity (50 = expansion threshold).
Direction: USD impact; >50 = risk-on, <50 = recession fears↑.
Key Themes: Central bank signals (AUD, EUR), U.S. growth health. Trade AUD crosses, EUR/USD, and risk assets (stocks) post-ISM.
Aifxsignals