02:15 - Australia - RBA Assist Gov Debelle Speaks
04:30 - Australia - Employment Change
05:00 - China - Industrial Production
07:30 - Japan - Industrial Production
Australian data for еmployment Change will affect AUD. Positive data will support the currency, while lower data will lead to a decline in the Australian dollar. The data from China will also be relevant for AUD, due to the strong dependence of the Australian economy on China.
The estimated value for Employment Change data in Australia is for 15K new jobs created and previous data of 27.9K. Over the past 6 months, the data is usually above expectations, and was below expectations only 20 July. If the data goes above analysts' expectations this will probably lead to a strong upward momentum for AUD. Alternatively, at lower data, we can expect a decline in the currency.
Later, we can expect movements in AUD and NZD, and in US indices futures when we get the data from China.
Junior Trader Stefan Panteleev
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