01:50 Japan - Produce index price
- Expectations for the indicator are to mark a decrease, both on a monthly and annual basis. We expect the change not to have a strong impact on the JPY, as investors are cautious before the multiple interest rate decisions of the different central banks. The likelihood that JPY will increase in the next few days remains more likely.
02:30 Australia - House Price Index
- Expectations for the House Price Index are to bring down to 0.6% from 1.9% in the third quarter. We expect the index to have a short-term impact on AUD, but to complement the negative picture in the country. AUD/USD broke the strong horizontal support and is now giving us a good opportunity to sell with a trend. We are waiting for the news, and in case of worse data, we would add to the short positions.
Jr Trader Petar Milanov
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