Trading plan for 08/08/2017:
Slight losses of the US Dollar can be noticed across the board and it was caused yesterday by Fed officials Bullard and Kashkari who said they were in no hurry to raise interest rates. On the Asian stock market the mixed sentiment prevails. The Hang Seng is up nearly 0.4%, the Nikkei 225 drops 0.3%, and the Shanghai Composite is near yesterday’s closing price.
On Tuesday 8th of August, the event calendar is light, but market participants will pay attention to the German and French Trade Balance data, the JOLTs Job Openings data and the NFIB Small Business Optimism data from the US. Besides, Canada will unveil the Housing Starts data.