Aussie Leads On China Boost 

Morning Report: 08:30 London

• This morning, financial markets are on the rise thanks to a positive session in Asia. Australian data came in above estimates and more importantly, Chinese trade balance showed a return to growth.

         

                             

• The AUD/USD is up 0.57%, while the AUD/JPY is up 0.48%. The NZD/USD is also riding on the Aussie’s coat tails.
                                                                                                                                                           

                             

                             
 
                             

• The dollar index is slipping back, helping the USD/CAD to slip lower.

                             
                     
Coming up today:


• Coming up today we have the UK rate announcement at 12.00, followed by the ECB decision at 12.45. The ECB press conference is at 13.30.

• US unemployment claims are at 13.30, with Fed Chair Yellen speaking at 14.30.

Trade Idea:

• As the Aussie recovers, now could be a good time to ride the rebound.

                             

A HIGHER trade predicting that the AUD/JPY will close above 95.75 in 5 days time could return 145%



This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. 

Summary:

                                         

 

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