Global Markets:
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Asian stock markets: Nikkei up 0.05 %, Shanghai Composite gained 0.85 %, Hang Seng rose 0.40 %, ASX climbed 0.10 %
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Commodities: Gold at $1182.50 (+0.70 %), Silver at $16.28 (+0.90 %), WTI Oil at 59.08$ (-0.15 %), Brent Oil at $66.35 (-0.20 %)
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Rates: US 10 year yield at 2.112, UK 10 year yield at 1.85, German 10 year yield at 0.357
News & Data:
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China HSBC Manufacturing PMI 48.9, Expected: 49.4, Previous: 49.2
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Australia MI Inflation Gauge 0.3 %, Previous: 0.4 %
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Australia Building Approvals 2.8 %, Expected: -2.0 %, Previous: -3.2 %
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New Zealand ANZ Commodity Price Index -7.4 %, Previous: 4.6 %
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ASIC: Pre RBA Decision Movements In AUD Result Of Low Liquidity Not Misconduct
CFTC Positioning Data:
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EUR net short 198K vs 215K short prior
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JPY net short 6K vs 14K short prior
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GBP net short 34K vs short 29K prior
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AUD net short 27K vs short 34K prior
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CAD net short 21K vs short 27K prior
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CHF net short 1K vs long 0K prior
Upcoming Events:
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08:45 BST – Italian Manufacturing PMI (53.5)
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08:50 BST – French Manufacturing PMI (48.4)
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08:55 BST – German Manufacturing PMI (51.9)
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09:00 BST – Euro Zone Manufacturing PMI (51.9)
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09:30 BST – Euro Zone Sentix Investor Confidence (19.8)
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15:00 BST – US Factory Orders (2.0 % m/m)
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20:10 BST – FOMC Member Williams speaks
The Week Ahead (Key Data/Events):
Tuesday, May 05th
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02:30 BST – Australian Trade Balance
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05:30 BST – RBA Interest Rate Decision
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05:30 BST – RBA Statement
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09:30 BST – UK Construction PMI
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10:00 BST – Euro Zone PPI
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13:30 BST – Canadian Trade Balance
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14:45 BST – US Services PMI
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15:00 BST – US ISM Non-Manufacturing PMI
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23:45 BST – New Zealand Unemployment Change
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23:45 BST – New Zealand Unemployment Rate
Wednesday, May 06th
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02:30 BST – Australia Retail Sales
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02:45 BST – Chinese HSBC Services PMI
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08:45 BST – Italian Services PMI
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08:50 BST – French Services PMI
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08:55 BST – German Services PMI
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09:00 BST – Euro Zone Services PMI
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10:00 BST – Euro Zone Retail Sales
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13:15 BST – US ADP Nonfarm Employment Change
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14:15 BST – Fed Chair Yellen speaks
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15:00 BST – Canadian Ivey PMI
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18:30 BST – FOMC Member Lockhart speaks
Thursday, May 07th
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02:30 BST – Australia Employment Change
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02:30 BST – Australia Unemployment Change
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07:00 BST – German Factory Orders
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13:30 BST – US Initial Jobless Claims
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13:30 BST – Canadian Building Permits
Friday, May 08th
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03:00 BST – Chinese Trade Balance
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06:45 BST – Swiss Unemployment Rate
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07:00 BST – German Trade Balance
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08:15 BST – Swiss CPI
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09:30 BST – UK Trade Balance
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13:30 BST – US NFP
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13:30 BST – US Unemployment Rate
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13:30 BST – Average Hourly Earnings
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13:30 BST – Canadian Employment Change
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13:30 BST – Canadian Unemployment Rate