The most important economic data today will be the data at:
4:00 about inflation expectations in Australia;
04:35 PMI manufacturing index of Japan, expectations for 50.3 and 49.9 prior
04:45 China - HSBC manufacturing PMI flash.
The data will affect the AUD. If we have higher inflation expectations AUD in response to that higher inflation will force central banks to raise rates.
If the data in Japan are worse than 50 would mean a new contraction in manufacturing,which will result in a decrease in JPY.
Data from China will affect indexes. Worse data will have a negative influence on stock futures and NZD and AUD.
I expect at the beginning of trading session in Asia the currencies to keep its short-term movements of the last few hours.
The appreciation of the USD may lead to a decrease in oil and GOLD
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