AUD/USD edges higher, downside finds strong support at 0.7603 (converged 5&20-DMA). Aussie buoyed on upbeat NAB business conditions data released earlier today. Australia business conditions index rose 4 points, to +15 index points, which is well above the long-run average (+5). On the other side, US dollar received a …

  11. July 2017 11:54:38 Not many economic data and events scheduled for today and all with low to medium volatility risks associated.   Data released so far: Australia: National Australia Bank’s business confidence improves to 15 in June. Business confidence improves to 9. Investment lending for homes declined by …

  Market Roundup • US Employment Trends Jun 133.07, 133.32 previous. • US Consumer Credit May 18.41b, 12.60b forecast, 12.93b previous. • US consumers set strong spending plans, see improved job prospects: NY Fed survey. • Fed survey points to stronger consumption growth, with respondents expecting to spend 3.3% more …

* FED’s williams says reasonable view to expct one more rate hike this year  Source: FXWire CentralBank 11. July 2017 10:48:49   * FED’s williams says own view is to start adjustment of balance sheet in next few months  Source: FXWire CentralBank 11. July 2017 10:49:02  

Officials consider unilateral moves to tighten sanctions to halt nuclear program WASHINGTON—The Trump administration is moving toward unilaterally tightening sanctions on North Korea, targeting Chinese companies and banks the U.S. says are funneling cash into Pyongyang’s weapons program. Sharper rhetoric from high-ranking U.S. officials since North Korea’s July 4 ballistic missile test and …

Amazon takes another shot at traditional retailers, tech rebound continues, and it’s major Merger Monday in Asia. Here are some of the things people in markets are talking about. The Departed American brick-and-mortar retailers suffered at the hands of a familiar foe Monday. Reports indicated that Amazon has been setting up a service …