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Calendar event / 1 hour agopreviousforecastactualMed Libor Band, High Rate-0.25%-0.25%-0.25%Med Libor Band, Low Rate-1.25%-1.25%-1.25%Med SNB Libor Band, Net Chg0%0%Med Deposit Rate-0.75%-0.75%-0.75%Med Deposit Rate, Net Chg0%0%
Calendar event / Yesterday at 14:30 GMT
US EIA Weekly Petroleum Status ReportpreviousforecastactualHigh Crude Oil Stocks, Net Chg (Bbl)-5.296M-2.1M-2.057MHigh Gasoline Stocks, Net Chg (Bbl)+1.25M-0.3M-1.719MHigh Distillate Stocks, Net Chg (Bbl)+6.163M+0.5M+0.839MMed Crude Oil Stocks (Bbl)396.194M394.137MMed Gasoline Stocks (Bbl)235.869M234.15MMed Distillate Stocks (Bbl)139.283M140.122MMed Total Prod Supplied (Bbl/day)20.57M21.134MMed Total Prod Supplied, Net Chg (Bbl/day)-1.093M+0.564MMed Refinery Usage97.6%96.7%95.4%
Calendar event / Yesterday at 12:30 GMT
US New Residential Construction - Housing Starts and Building PermitspreviousforecastactualHigh Housing Starts, M/M%+0.9%+5.3%+9.2%High Building Permits, M/M%+1.5%-0.8%-5.7%Med Total Starts1.168M1.23M1.282MMed Building Permits1.311M1.3M1.229M
Video / Yesterday at 8:36 GMT
Morning Call: Chinese shares surge as trade war rages on#SaxoStratsToday's edition of the Saxo Morning Call features Head of Forex Strategy John Hardy and Head of Equities Strategy Peter Garnry discussing the overnight rally in Chinese shares, which are now up 4% from their lows.
Calendar event / Yesterday at 8:30 GMT
GB UK monthly inflation figurespreviousforecastactualHigh CPI, Y/Y%+2.5%+2.4%+2.7%High Core CPI, Y/Y%+1.9%+1.8%+2.1%High Retail Price Idx, Y/Y%+3.2%+3.2%+3.5%Med CPI, M/M%0%+0.5%+0.7%Med Core CPI, M/M%-0.1%+0.8%Med Retail Price Idx, M/M%+0.1%+0.7%+0.9%
Calendar event / Yesterday at 8:30 GMT
GB UK producer pricespreviousforecastactualHigh Output PPI, Y/Y%+3.1%+2.9%+2.9%Med Core Output PPI, M/M%0%+0.1%Med Core Output PPI, Y/Y%+2.2%+2.1%Med Input PPI, M/M%+0.5%+0.6%+0.5%Med Input PPI, Y/Y%+10.9%+9.4%+8.7%Med Output PPI, M/M%0%+0.2%+0.2%
Squawk / Yesterday at 7:03 GMTGBPUSD and FTSE 100 poised for bullish signals into UK inflation data
Today, Wednesday 19th September brings a host of UK inflation data at 09.30 GMT+1, with the headline number being the Consumer Price Index (CPI), which will likely impact onto the GB Pound and the FTSER 100 index.
Although GBPUSD and the FTSE 100 are to an extent, inversely corelated on an intraday basis, both these markets are poised to make more positive statements.
For GBPUSD, a push above 1.3213 would signal an intermediate-term shift to bullish.
For the FTSE 100, the market is poised to signal a short-term Triple Bottom pattern, triggered above 7326, to then encourage a better recovery theme into the second half of September.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/gbpusd-and-ftse-100-poised-for-bullish-signals-into-uk-inflation-data/
Calendar event / Yesterday at 2:47 GMT
JP Japan Monetary Policy Meeting decisionpreviousforecastactualMed Deposit Rate-0.1%-0.1%Med 10-Yr Yield Target0%0%
Calendar event / Tuesday at 23:50 GMT
JP Provisional Trade Statistics for the MonthpreviousforecastactualMed Exports, Y/Y%+3.9%Med Imports, Y/Y%+14.6%+15.4%Med Trade Balance (JPY)-231.2B-447.7B-444.6BMed Exports To Asia, Y/Y%+8%+6.8%Med Exports To China, Y/Y%+11.9%+12.1%Med Exports To Europe, Y/Y%+6.4%+7.1%Med Exports To US, Y/Y%-5.2%+5.3%
Squawk / Tuesday at 6:14 GMTEURUSD poised for a more positive signal with Draghi speaking today
A more positive “risk on” theme in early September has seen both a modest weakening of the US Dollar, alongside a more resilient tone for the Euro, which has pushed EURUSD back to the upper end of a multi-week, broader range environment.
From a technical perspective, this leaves risks for an intermediate-term bullish shift for EURUSD, but from our viewpoint only triggered by a push up through 1.1791.
Mario Draghi, the ECB President is speaking this morning, which could provide the trigger for such a bullish statement for the EURUSD currency rate.
Furthermore, the pan-European equity benchmark average, the Euro STOXX 50 is attempting a basing pattern, which could also see upside potential in the short-term.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/eurusd-poised-for-a-more-positive-signal-with-draghi-speaking-today/