Big day for fundamentals

Some of the highlights on the economic calendar:

  • RBA minutes
  • China retail sales
  • China industrial production
  • German GDP
  • French CPI
  • UK jobs
  • ZEW survey
  • US retail sales

What are your trade ideas?

UBS says its two best ideas are to buy AUDUSD and sell USDCHF - Two mean reverting trades. Drivers are AU employment, short-term risk revival, commodities & ToT, CHF positioning.