- Japan July Trade Balance (survey -Y270.0B , prior Y61.7B)
- Japan July Adjusted Merchandise Trade Balance ( survey -Y451.5B, prior -Y300.8 B)
- Japan July Trade Exports (survey -2.9, prior -2.3)
- Japan July Trade Imports (survey 3.0, prior -2.2) all at 23:50 GMT.
- Australia – MI June Leading Index m/m (prior 0.8%) at 00:30 GMT.
- Japan July Supermarket Sales y/y ( prior -3.9%) at 05:00 GMT.
This market does (during some sessions) have a life, for the EUR/USD shorts it wasn’t a good day . I would have been with you trying to stop the bleeding especially now after seeing a headline (via bbg) that the “Euro Advances to Six Week-High Versus Dollar on Greece Optimism ” . Is the market really that optimistic on Greece?? Will read some more on it later , but that just can’t be the explanation for this EUR/USD rally .
Trade numbers out of Tokyo later tonight may get the USD/JPY moving (wishful thinking ). The Westpac/MI Leading Index for June should be a non-event for the AUD/USD .
Good Luck Today .