Potential new fiscal policy package in the US
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Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair is about to exit the Kumo, confirming a new bullish outlook.
European Market View
The market focus today will be on politics, with the attempt in the United States to get a new fiscal policy package and the relations with China.
Later this week Fed Chair Powell will deliver a keynote speech at Jackson Hole focusing on the Fed’s long-awaited monetary policy framework.
Also, for the United States and the euro-area consumer confidence figures are about to be released this week.
European Key Point
- Potential new fiscal policy package in the U.S.
- Fed Chair Powell will deliver a keynote speech this Thursday.
- United States and euro-area consumer confidence figures this week.