What to Watch: Bailey speech, US sentiment revisions
BOE Governor Bailey speaks at 09:15 UTC, the day's top event, before revised US Michigan sentiment (47.4 vs 47.8) and inflation expectations at 14:00 UTC.
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BOE Governor Bailey speaks at 09:15 UTC, the day's top event, before revised US Michigan sentiment (47.4 vs 47.8) and inflation expectations at 14:00 UTC.
Crude oil jumped over 3% while Polkadot, Uniswap and Dogecoin led a crypto sell-off and platinum, silver and gold retreated as the dollar firmed.
Crude led London's session with UKOil up 3.72% and USOil 3.40%, while Polkadot fell 10% and platinum, silver and gold slid amid a firmer dollar.
The franc firmed across most crosses after the SNB press conference on 24 September, with CHFJPY leading while USDCHF held nearly flat.
Canada's Core Retail Sales lands at 12:30 UTC with a -0.5% forecast after a 0.5% prior, as the Canadian dollar trades firmer across most CAD crosses.
The Swiss franc eased across all six pairs on our feed after the SNB Monetary Policy Assessment on 24 September, with CHFJPY leading the slip lower.
Oil jumps 3-4% while crypto sells off hard β Polkadot -10%, Uniswap -9.7%, Bitcoin near $84,400 β and the dollar firms against euro, pound and Aussie.
The SNB rate decision and press conference lead the day at 07:30 UTC, before Canadian retail sales and US jobless claims land at 12:30 UTC.
The Australian dollar eased against every major peer after Australia's employment and unemployment data at 01:30 UTC, led by a slip in AUDCHF.
Bitcoin Cash jumped 28% and UNI 14% as small-cap crypto ran, while crude slid over 2% and US indices split with the Nasdaq 100 out front.
Bitcoin Cash jumped 28% and Uniswap 14% as crypto led the London close, while crude slid nearly 8% on the week and European indices firmed.
Australia's Employment Change hits at 01:30 UTC Thursday, forecast 22.5K vs -15.8K prior. See how AUDNZD, AUDJPY and AUD pairs are trading now.