RBA's Edey speech eyed - Westpac

FXStreet (Bali) - Sean Callow, FX Strategist at Westpac, reviews the day ahead, in which little events of interest will be published.

Key Quotes

"RBA’s Edey takes part in a panel at a “Market and Regulatory Performance Stream Symposium”, which doesn’t sound as though it will impact AUD. Asia’s calendar is limited to Singapore’s June exports, a volatile series expected up m/m but around -3% y/y."

"The final reading on June Eurozone CPI is expected to remain at 0.5% y/y, the equal lowest reading since Oct 2009, ensuring the ECB is unable to dismiss questions about further easing steps any time soon. The busy US data week continues with July housing starts and building permits plus initial jobless claims for the week including the July payrolls survey."

EU expands sanctions against Russia

Following the expansion of sanctions against Russia by the US, EU leaders have also agreed to expand sanctions to target Russian companies that undermine Ukraine sovereignty.
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GBP/USD is attempting the grounds of 1.7140

GBP/USD is trading at 1.7139, up 0.02% on the day, having posted a daily high at 1.7142 and low at 1.7135.
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