Trading plan for 27/06/2017:
Very quiet session on Wall Street results in a similar course of trade in Asia. The gold ounce rate after yesterday’s collapse is stabilizing over 200-session average.around $1250. WTI oil costs the same as before the Department of Energy’s last publication last Wednesday, $ 43.50 a barrel. EUR/USD is again around 1.1200, USD/JPY is around 112.00.
On Tuesday 27th of June, the event calendar is full of speeches by various central bankers, so some volatility might be expected today. First to speak is Mario Draghi from ECB at 08.00 am GMT, then RBA Assistant Governor Guy Debelle will speak around 08:30 am GMT, next one is a highly anticipated speech by Mark Carney from Bank of England (around 10:00 am GMT). During the US session, the FED policymakers will speak, starting from Federal Reserve Bank of Philadelphia President Patrick Harker at 03:15 pm GMT, then FED Chairperson Janet Yellen will give a speech at 05:00 pm GMT and the last one to speak is Federal Reserve Bank of Minneapolis President Neel Kashkari around 09:30 pm GMT.