Flash: Calendar key releases – TD Securities

FXstreet.com (London) - Research teams at TD Securities note that, overall, it will be a quieter week for data and events globally. However, there are some events worth looking out for as follows:

Key Quotes:

“US earnings will be highlighted by Apple’s results after New York market close on Tuesday, with US data seeing further housing releases over the week and the durable goods on Thursday, where we are look for downside risks”.

“The week’s key releases will be flash PMIs from China and the Eurozone on Wednesday, which coupled with the German IFO on Thursday, suggest some upside risks to the German surveys but we doubt the French services PMI can repeat its three point improvement from last month”.

“Australian CPI (Wed) may have small downside risks in the underlying figures, while we are in line with the first print of UK Q2 GDP on Thursday of 0.6% Q/Q, but do see the risks biased towards an upside print of 0.7%”.

AUD/USD remains within 0.9200

AUD/USD has been 0.9236 overnight but was offered below the figure this morning in European markets.
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Flash: a potential USD squeeze on the horizon? – BMO

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