US Market Wrap: No Fourth of July fireworks for FX
- Australia: Retail Sales 0130 GMT
- New Zealand: ANZ Commodity Price 0130 GMT
FX markets were extremely quiet. US markets were closed for July 4 celebrations, leaving Canadian traders to run with the ball. They didn’t. The weather was nice and they were content to book client outings.
The interest came from comments by the Saudi Energy Minister, Khaled Al-Faleh, who expressed concern about slowing Asia demand, rising gasoline supplies and the risk of rising output.