Economic calendar due from the US Thursday 26 August 2021

Post author By manishaxtream
Post date August 26, 2021

Economic calendar due from the US Thursday 26 August 2021

It was a combination of minor gets across major FX today with AUD, CAD, and NZD striking failures against the USD yet a touch more fragile likewise for EUR and GBP. There was little information to go about as an impetus.

On the information front, we had Q2 Capex from Australia giving a beat. In the meantime COVID-19 cases in the nation kept on rising, New South Wales (Australia’s biggest populace state) hitting another high of over 1000 cases today. The state will stretch out lockdown through to September 10 (in any event).

Markets anticipate Federal Reserve Chair Jerome Powell talking about the monetary viewpoint in his feature address at the Federal Reserve Bank of Kansas City yearly financial discussion in Jackson Hole, Wyoming. This isn’t until 1400 GMT on Friday, so tomorrow in Asia might well see us with one more meeting of rangebound holding up rearranging.

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