we have a bearish trading bias going into the extended session
| JPY | Domestic CGPI Y/Y Jul | | -8.70% | -6.60% | | | 01:00 | AUD | Westpac Consumer Confidence Aug | | -- | 9.30% | | | 04:30 | JPY | Industrial Production M/M Jun F | | 2.40% | 2.40% | | | 05:00 | JPY | BoJ Monthly Report | | -- | -- | | | 08:30 | GBP | Claimant Count Change Jul | | 28.0K | 23.8K | | | 08:30 | GBP | Claimant Count Rate Jul | | 4.90% | 4.80% | | | 08:30 | GBP | ILO Unemployment Rate (3M) Jun | | 7.70% | 7.60% | | | 08:30 | GBP | Average Earnings inc bonus (3M/Y) Jun | | 2.40% | 2.30% | | | 08:30 | GBP | Average Earnings ex bonus (3M/Y) Jun | | 2.50% | 2.60% | | | 08:30 | GBP | Manufacturing Unit Wage Cost (3M/Y) Jun | | -- | 7.10% | | | 09:00 | EUR | Eurozone Industrial Production M/M Jun | | 0.20% | 0.50% | | | 09:00 | EUR | Eurozone Industrial Production Y/Y Jun | | -16.40% | -17.00% | | | 09:30 | GBP | BoE Quarterly Inflation Report | | -- | -- | | | 12:30 | CAD | Trade Balance (CAD) Jun | | -0.5B | -1.4B | | | 12:30 | CAD | New Housing Price Index M/M Jun | | 0.00% | -0.10% | | | 12:30 | USD | Trade Balance Jun | | -$28.5B | -$26.0B | | | 14:30 | USD | Crude Oil Inventories | | 0.7M | 1.7M | | | 18:00 | USD | Federal Budget Statement Jul | | -$161.5B | -94.3B | | | 18:15 | USD | FOMC Rate Decision | | 0.25% | 0.25% | |
|
double whammy up EIA nd fed statement both could move crude
technically we look lower now -fundamentals don't look posotive but API wil be out shortly and
could alter the prospects
Click donate below for a one hour phone consultation
and drop an email chrgr06@yahoo.com to schedule
Posts
