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Forex & Equities: Charts, Economic Data & Session Ranges

Posted by Akhilesh Ganti on Jun 2, 2014 10:59:00 PM
  • Australian Retail Sales weaker but the Current Account data was a tad better as the market awaits the RBA's monetary policy statement. The expectations are for them to stay the course and keep the cash rate at +2.5%.
  • Australia's better than expected Net Export figure has prompted economists to raise their GDP forecast (due out tomorrow) to +1.1% on a quarterly basis.
  • China's HSBC Manufacturing PMI rose to a 4 month high, though it was below median forecast, further suggesting that the economy might be stabilizing.

Economic Data - {source: Bloomberg}

Country Event Period Survey Actual Prior Revision
New Zealand Terms of Trade Index QoQ 1Q 2.00% 1.80% 2.30% 2.50%
Australia ANZ Weekly Consumer Confidence Index 1-Jun -- 102.2 99.3 --
Japan Monetary Base YoY May -- 45.60% 48.50% --
Japan Monetary Base End of period May -- ¥226.6T ¥225.5T --
China Non-manufacturing PMI May -- 55.5 54.8 --
Australia BoP Current Account Balance 1Q -7.0B -5.7B -10.1B -11.7B
Australia Net Exports of GDP 1Q 0.8 1.4 0.6 --
Australia Retail Sales MoM Apr 0.30% 0.20% 0.10% --
Japan Labor Cash Earnings YoY Apr 0.40% 0.90% 0.70% --
China HSBC China Manufacturing PMI May F 49.7 49.4 48.1 --

Ranges:{WWM's New ALPHA Trader- 4 HOUR charts [EUR, GBP, AUD, YEN, GOLD, OIL, DXY]}(click to enlarge)

FX 060314

Equities:{WWM's New ALPHA Trader- 4 HOUR charts [Dow30, SP500, Nasdaq100, Japan225, China, HKG40, EU50, ASX200]}(click to enlarge)

STOCKS 060314

 

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