The ECB meets later this week, what to expect?US August NFIB small business optimism index 91.2 vs 93.7 priorIt’s debate night in the USA short-term bottom for USD/JPY?European equities open slightly lower to start the dayWhat are the main events for today?Eurostoxx futures -0.3% in early European tradingUK July ILO unemployment rate 4.1% vs 4.1% expectedGermany August final CPI +1.9% vs +1.9% y/y prelimJapan LDP lawmaker Ishiba says key task for Japan is to completely exit from deflationTradeLocker: The Future of Trading for Brokers and Prop FirmsFX option expiries for 10 September 10am New York cutA breakdown of China’s trade data for the month of AugustUK labour market data in focus in the session aheadChina records ¥649.34 billion trade surplus in AugustDollar holds steady after recent rebound
Markets:
NZD leads, CAD lags on the dayEuropean equities lower;
S&P 500 futures down 0.03%US 10-year yields up 1 bps to
3.719% Gold up 0.02% to $2,506WTI
crude down 1.12% to $67.94Bitcoin
up 0.22% to $57,165
It’s been another
quiet session. The mood in the markets has been mixed and the moves have been
shallow.
We got just two notable releases: the UK jobs data and the US NFIB small business optimism index. The former came out generally better than expected, although the August payrolls figure printed negative. The latter disappointed with the index dropping to a two-months low.
There’s nothing else for the day except BoC’s Macklem speech at 12:25 GMT/08:25 ET.
This article was written by Giuseppe Dellamotta at www.forexlive.com.