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1 Nov 2013
Flash: AUD/USD calendar jammed – TD Securities
FXstreet.com (London) - Annette Beacher, Head of Asia-Pacific Research, FX and Rates Strategy at TD Securities noted a bust week ahead for the Aussie.
Key Quotes:
“The data calendar is jammed with Sept and Sept quarter updates for retail sales (Mon, TD +0.2% and +0.4% respectively and trade balance (Wed, TD +$A200m), the latter helping to shape expectations for the Q3 current account deficit and net exports (for GDP)”.
“The Oct TD Inflation Gauge Mon offers the first taste of the Dec qtr inflation report”.
“The other marquee events of the week are the RBA Board meeting on Tue (what does the RBA Board say about housing and the AUD?) and the employment report on Thu, widely expected to see a pickup in the unemployment rate after the slide to 5.6% in the prior report (TD 5.8%, employment +25k)”.
Key Quotes:
“The data calendar is jammed with Sept and Sept quarter updates for retail sales (Mon, TD +0.2% and +0.4% respectively and trade balance (Wed, TD +$A200m), the latter helping to shape expectations for the Q3 current account deficit and net exports (for GDP)”.
“The Oct TD Inflation Gauge Mon offers the first taste of the Dec qtr inflation report”.
“The other marquee events of the week are the RBA Board meeting on Tue (what does the RBA Board say about housing and the AUD?) and the employment report on Thu, widely expected to see a pickup in the unemployment rate after the slide to 5.6% in the prior report (TD 5.8%, employment +25k)”.