Global Markets:
- Asian stock markets: Nikkei down 0.20 %, Shanghai Composite gained 0.90 %, Hang Seng rose 0.40 %, ASX fell 0.10 %
- Commodities: Gold at $1172.80 (+0.40 )%, Silver at $16.06 (+0.50 %), WTI Oil at $58.60 (-0.85 %), Brent Oil at $62.88 (-0.55 %)
- Rates: US 10 year yield at 2.40, UK 10 year yield at 2.08, German 10 year yield at 0.85
News & Data:
- Japan GDP 1.0 % q/q, Expected: 0.7 %, Previous: 0.6 %
- Japan GDP 3.9 % y/y, Expected: 2.7 %, Previous: 2.4 %
- Japan Current Account ¥1.326, Expected: ¥1.69trln, Previous: ¥2.80trln
- China Trade Balance CNY59.49bln, Expected: CNY44.95bln, Previous: CNY34.13bln
- China Exports -2.5 % y/y, Expected: -5.0 %, Previous: -6.4 %
- China Imports -17.6 % y/y, Expected: -10.7 %, Previous: -16.2 %
CFTC Positioning Data:
- EUR net short 165K vs. short 172K prior
- JPY net short 86K vs. short 62K prior
- GBP net short 26K vs. short 26K prior
- AUD net short 13K vs long 6K prior
- CAD net short 1K vs long 4K prior
- CHF net long 8K vs. long 8K prior
Upcoming Events:
- 07:00 BST – German Trade Balance
- 07:00 BST – German Industrial Production
- 09:30 BST – Euro Zone Sentix Investor Confidence
- 13:15 BST – Canadian Housing Starts
- 13:30 BST – Canadian Building Permits
- 15:00 BST – US CB Employment Trends Index
The Week Ahead (Key Data & Events):
Tuesday, June 09th
- 02:30 BST – Australia Home Loans
- 02:30 BST – Australia NAB Business Confidence
- 02:30 BST – Chinese CPI & PPI
- 06:45 BST – Swiss Unemployment Rate
- 08:15 BST – Swiss CPI
- 09:30 BST – UK Trade Balance
- 10:00 BST – Euro Zone GDP
- 15:00 BST – US JOLTs Jos Openings
Wednesday, June 10th
- 01:30 BST – Australia Westpac Consumer Sentiment
- 03:50 BST – RBA Governor Stevens speaks
- 09:30 BST – UK Industrial & Manufacturing Production
- 19:00 BST – US Federal Budget Balance
- 21:00 BST – Bank of England Governor Carney speaks
- 22:00 BST – RBNZ Interest Rate Decision
- 22:00 BST – RBNZ Monetary Policy Statement
- 22:05 BST – RBNZ Governor Wheeler speaks
Thursday, June 11th
- 02:30 BST – Australia Employment Change
- 02:30 BST – Australia Unemployment Rate
- 06:30 BST – Chinese Industrial Production
- 13:30 BST – US Retail Sales
- 13:30 BST – US Initial Jobless Claims
- 16:15 BST – Bank of Canada Governor Poloz speaks
Friday, June 12th
- 05:30 BST – Japanese Industrial Production
- 10:00 BST – Euro Zone Industrial Production
- 13:30 BST – US PPI
- 15:00 BST – US Michigan Consumer Sentiment
