Asian markets are expected to open without any change but we might see a drop later during the session.
ASX 200 features raised with 0,6% to 5,235 and the Nikkei225 rose with 0.16% to 15,655. After the opening bell the american indexes features fell. Traders will be cautious because of the closed american maket today - USA Independence Day.
USD continues to be weak and oversold but that may change due to declining indexes . On a interview on Bloomberg TV, James Bullard said that sooner or later we will see an increase of US interest rates and investors should be ready. He added that the markets is now being traded as if the interest rates will not change.
The National Elections in Australia did not determined a winner and that was the worst case scenario. We may see a AUD decline. We reamin short on AUD/JPY.
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