Forex news for European morning trading on 3 Aug 2017
News:
- BOE MPC Preview: Carney & Co need to think outside the inflation box
- Snapshot of UK data since the last MPC meeting
- Here's what BOE members said before the blackout
- Sterling bulls set for BOE disappointment - Bloomberg strategist
- Former BOE Deputy calls for rate hike today
- Cable takes a look above 1.3250 as we wait on BOE
- Japan's Abe says structural reforms are the top weapon of Abenomics
- Is Japan finally emerging from its lost decades?
- Cabinet reshuffle in Japan - here's who's new
- ECB economic bulletin
- PBOC set to widen the yuan trading band
- Forex option contract expiries for today 3 Aug
- Territory dispute on China-India border heats up
- Canadian dollar set to retreat say strategists in latest Reuters poll
- Antipodeans pressing lows
- Commonwealth Bank of Australia faces civil lawsuit
- How to make $81 million disappear
- Earthquake rattling a few buildings in Tokyo
- Nikkei 225 closes down -0.25% at 20,029.26
- ForexLive Asia FX news wrap: AUD slides ahead of trade balance miss
Data:
- UK July services PMI 53.8 vs 53.6 exp
- Eurozone June retail sales 0.5% m/m vs 0.1% exp
- Eurozone July final services PMI 55.4 vs 55.4 exp
- Germany Markit July services PMI final 53.1 vs 53.5 exp
- French July services PMI 56.0vs 55.9 exp
- Italian July services PMI 56.3 vs 54.1 exp
- Spanish July services PMI 57.6 vs 58.3 exp
- Swedish July Services PMI 59.0 vs 57.3 prior
- India Nikkei/IHS Markit July services PMI 45.9 vs 53.1 prev
Summary:
- GBP spikes higher after PMI data but sellers return ahead of BOE
- USDJPY fails into 110.80 again and retreats
- EURUSD has the morning off caught in the cross-ccy crossfire
- USDCAD rallies to 1.2629 on oil price falls but then reverses
- AUDUSD recovers to test 0.7940 from 0.7914 Asian lows
- Equities open softer but then improve
BOE rate decision and QIR at 11.00 GMT now looming. Watch it all live here
US data coming up:
