Key events ahead – Westpac
|By FXStreet FXStreet (Guatemala) – Analysts at Westpac explained the key events ahead, other than the RBA minutes which FXStreet’s preview can be read here.
Key Quotes:
“The Asian calendar is very quiet, limited to only Taiwan Sep export orders. NZD focus will be on the dairy auction, held as usual during the Lon/NY session. NZX futures are currently predicting only a 5% rise in whole milk powder prices, suggesting the impressive rally since August is mature.
US housing starts should continue in its uptrend, with Sep expected to show a modest gain of 1.4% m/m. Fed’s Dudley and Powell will give welcome and introductory remarks at the NY Fed’s conference on “The Evolving Structure of the U.S. Treasury Market”. Chair Yellen’s brief remarks at a ceremony should be of limited interest to markets. The results of Canada’s election will start trickling in over the Asia session.”
For more information, read our latest forex news. …read more
Source:: FX Street