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AUD/JPY hits a bit of an air pocket, dollar dragged as a result

AUD/JPY hits a bit of an air pocket, dollar dragged as a result

JPY: Trade Balance, it measures difference in value between imported and exported goods during the reported month.

AUD: MI Leading Index m/m, it measures change in the level of a composite index based on 9 economic indicators.

JPY: Tertiary Industry Activity m/m, it measures change in the total value of services purchased by businesses.

EUR: German PPI m/m, it measures change in the price of goods sold by manufacturers. Forecast 2.7%.

EUR: Italian Trade Balance, it measures difference in value between imported and exported goods during the reported month. Forecast -4.23B

EUR: Industrial Production m/m, it measures change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. Forecast 0.8%.

EUR: Trade Balance, it measures difference in value between imported and exported goods during the reported month.

CAD: CPI m/m, it measures change in the price of goods and services purchased by consumers. Forecast 0.9%.

CAD: Common CPI y/y, it measures change in the price of goods and services, purchased by consumers, which have similar price variations over time. Forecast 2.7%.

CAD: Median CPI y/y, it measures change in the median price of goods and services purchased by consumers. Forecast 3.5%.

CAD: Trimmed CPI y/y, it measures change in the price of goods and services purchased by consumers, excluding the most volatile 40% of items. Forecast 4.3%.

CAD: Core CPI m/m, it measures change in the price of goods and services purchased by consumers, excluding the 8 most volatile items.

CAD: NHPI m/m, it measures change in the selling price of new homes.

EUR: German Buba President Nagel Speaks, ECB Governing Council members vote on where to set the Eurozone’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

USD: Existing Home Sales, it measures annualized number of residential buildings that were sold during the previous month, excluding new construction. Forecast 5.78M.

USD: Crude Oil Inventories, it measures change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

USD: Beige Book, Anecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district.