Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Fed vice chair Clarida will deliver a speech on US monetary policy
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading above the Kumo. An upward wave would lead the currency pair higher, confirming the bullish scenario.
European Market View
On Monday preliminary August German HICP inflation ticks in. It is expected to hold steady around zero.
Fed vice chair Clarida will deliver a speech on US monetary policy. Given his importance in the FOMC, we are looking forward to hear his views on the Fed’s new average inflation targeting regime and perhaps indications of what it intends to do at the upcoming September meeting to ensure the new regime is credible.
European Key Point
- On Monday preliminary August German HICP inflation ticks in.
- Fed vice chair Clarida will deliver a speech on US monetary policy.
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Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
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