The NFP is eyed with worries after recent US data. And what about wages? The RBA cut rates: a one off or just the beginning? The ECB’s late night move against Greece only temporarily hurt the euro. How will this evolve? And oil is finally recovering, but is this only a correction?
Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch.You are welcome to listen, subscribe and provide feedback.
- What’s next for AUD?: The RBA joined the easing train and cut rates to historic lows. However, some Chinese stimulus and USD weakness balanced the picture. Will the RBA continue cutting? We discuss.
- Greek blow: Did Draghi step across the line with the move to against Greece? How will the ongoing story evolve? We discuss the latest moves in the Greece vs. Germany match and the impact on the euro.
- Recovering oil: Black gold bulls snatched the fall in the oil rig count and saw falling supply and rising prices. We look at the big picture and explain why the party may have started too early.
- NFPreview: Where are the pay raises we promised? Will we see wages now? This may steal the show from the headline number, which will likely be lower this time. We also offer our NFPGuess.