Flash: Economic Data and Earnings in Focus - BBH

FXstreet.com (London) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman & Co notes key detail that comes into focus today.

Key Quotes:

“Market focus turns to data and earnings”.

“The Eurozone July flash PMI surprised on the upside”.

“Japan had its twelfth consecutive monthly trade deficit in June”.

“Australia Q2 CPI rose 2.4% y/y, close to expectations, but the data is quite nuanced”.

“China's HSBC flash Manufacturing PMI for July came in at a 12-month low “.

“The Indian central bank imposed new restrictions on commercial banks' access to cash, thereby hoping to support the rupee”.

“South Africa June CPI came in on the lower end of expectations”.

“US Housing data and earnings will be the focus in the US session “.