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Forex Focus on US ISM Manufacturing PMI

Forex Focus on US ISM Manufacturing PMI
Forex Focus on US ISM Manufacturing PMI

European trading session starts with USDCHF trades focus on Switzerland August CPI figures due at 6:30 GMT. In UK at 8:30GMT the August construction PMI will be released while at 9:00GMT the Eurozone July PPI figures will be out.

In US forex calendar the ISM Manufacturing PMI and ISM Manufacturing Employment is due at 17:00.

Reserve Bank of Australia left interest rates unchanged as widely expected at 1%. The Australia Retail Sales s.a. (month over month) came in at -0.1%, below analyst’s expectations of 0.2% in July.

Japan Capital Spending came in at 1.9% for 2Q, 2019 versus previous 6.1%. Japan Monetary Base (year over year) came down to 2.8% in August from previous 3.7%

Asian indices trading mixed for one more day. EURUSD continues it’s trip south making fresh yearly lows at 1.0942, the USDJPY is 0.08% higher at 106.27 while the AUDUSD is 0.09% higher at 0.6721.