Time | Country | Event | Period | Previous value | Forecast | Actual |
---|
00:30 | Australia | National Australia Bank's Business Confidence | September | -6 | | 13 |
06:00 | United Kingdom | Average earnings ex bonuses, 3 m/y | August | 6.8% | 6% | 6% |
06:00 | United Kingdom | Average Earnings, 3m/y | August | 8.3% | 7% | 7.2% |
06:00 | United Kingdom | ILO Unemployment Rate | August | 4.6% | 4.5% | 4.5% |
06:00 | United Kingdom | Claimant count | September | -58.6 | | -51.1 |
During today's Asian trading, the US dollar fell against the euro and the yen, and consolidated against the pound.
The focus of the market's attention this week is the US inflation data for September, as well as the minutes of the Federal Reserve System meeting from September 21-22, which will be published on Wednesday. Experts expect inflation in the United States to remain at 5.3% in September, inflation excluding food and energy - at 4%.
The rise in energy prices in the world contributes to the growth of concerns about increased inflation and, accordingly, a tightening of monetary policy by world central banks sooner than expected.
The Fed said at the end of the September meeting that "in the near future" it may be necessary to reduce the volume of quantitative easing, and Fed Chairman Jerome Powell made it clear that the Fed may begin to wind down this program in November.
"Rising commodity prices, as well as higher wages, seem to create much more sustained price pressure," IG analysts say. "In these circumstances, it is hardly worth waiting for the Fed to postpone the curtailment of incentives, despite weaker-than-expected labor market data."
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), decreased by 0.10%.