AUD/USD ANALYSIS & TALKING POINTS Australian retail sales figures show high interest rate environment may be weighing negatively on consumers. US economic data and Fed speakers under the spotlight later today. AUD/USD 200-day MA break could expose long-term trendline resistance once more. Elevate your trading skills and gain a competitive edge. Get your hands on
China’s Country Garden has paid coupons of USD22.5mn – avoids default European Central Bank President Lagarde speaking again today, Schnabel, de Guindos also China’s Country Garden seeking to extend payments of another 7 onshore bonds by 3 years AUD, NZD, CNH all down: China PMI disappoints, worries re Country Garden potential default Chinese developer Country
Brent Crude, WTI Oil Analysis Chinese export and import data worsens further, hitting oil markets as global outlook remains vulnerable Brent crude oil heads lower after souring Chinese trade data Brent bulls fail to test big level of resistance at $87 – downside scenarios analysed The analysis in this article makes use of chart patterns
