- Summary:
- All eyes will be on Brexit developments today as Boris Johnson will announce his proposal to EU. Swiss CPI due at 6:30GMT and the UK construction PMI
All eyes will be on Brexit developments today as Boris Johnson will announce his proposal to EU.
Traders await the Swiss CPI due at 6:30GMT and the UK construction PMI at 9:30GMT. MBA mortgage applications will be released at 11:00GMT.
On the American forex calendar the US ADP Employment Change report will be released at 12:30GMT.
In our central bank calendar, ECB Vice President de Guindos will speak at 11:00 while FOMC Member Williams will deliver a speech at 11:50GMT.
Japan September consumer confidence 35.6 vs 36.5 expected. Japan Monetary Base (YoY) came in at 3% below forecasts (3.1%) in September.
Asian indices are trading mixed today; Nikkei is 0.51% lower at 21,776. EURUSD trades 0.02% lower at 1.0929; the USDJPY is 0.07% higher at 107.81 while the AUDUSD is 0.07% higher at 0.6709.
Trade tensions and political turbulence in Capitol Hill will continue to have a significant impact on forex markets.