A light one on the calendar to kick start the week

But that doesn't mean we won't have much action to follow though!


Happy Monday, everyone! Hope you all had a great weekend and that you're doing well today. There's been modest movement among major currencies so far today with the dollar still slightly on the back foot while the aussie is lifted after RBA governor Lowe's scant remarks about further easing.

Looking ahead, I reckon markets will be keen to focus on where the dollar will end up now after the dollar index's break below its 200-day moving average. Besides that, expect trade headlines to dominate trading sentiment this week ahead of the Trump-Xi meeting.

0800 GMT - SNB total sight deposits w.e. 21 June

Your weekly check of the deposits kept at the SNB by Swiss banks. This data is a proxy for FX interventions.

0800 GMT - Germany June Ifo business climate index

Prior release can be found here. A measure of business conditions and sentiment/expectations towards the German economy. Do be reminded the Ifo changed the indicator measurement to take into account of services data too as of April 2018.

That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!