Market Roundup
•Canada June New Housing Price Index (MoM) 0.6%,1.4% previous
•US Gasoline Inventories -0.121M,-1.043M forecast, 1.039M previous
•US Crude Oil Inventories 2.108M, -4.466M forecast, -7.897M previous
•US Cushing Crude Oil Inventories -1.347M forecast, -1.589M previous
Looking Ahead –Economic Data (GMT)
•23:50 Japan Foreign Investments in Japanese Stocks -10.5B previous
•23:50 Japan Foreign Bonds Buying
•01:30 Australia NAB Quarterly Business Confidence 17 previous
Looking Ahead – Events, Other Releases (GMT)
•No significant events
Fxbeat
EUR/USD: The euro dipped against dollar on Wednesday as investors focus shifted to Thursdays’ ECB meeting. In a quiet day for economic data, currency markets are looking ahead to the European Central Bank (ECB) meeting. A dovish tone is expected after ECB President Christine Lagarde foreshadowed a guidance tweak during an interview…
