Morning market update 04 10 2021
Morning market update 04 10 2021:
After the Covid pill drove markets back to risk on during Friday's US session it seems this positive sentiment is being held so far during the start of the Aussie equity markets. Discussed on Friday's currency call with Gim Hong was the OPEC+ meeting that begins at 18:00 GMT+8 today and AUD & NZD pairs in focus for today's currency call with AUD Retail Sales (MoM) and the RBA Rate Statement out tomorrow morning. For the NZD the Interest Rate Decision is released on Wednesday morning with lock downs still on going in NZD this has put a hold to the RBNZ raising rates. DXY is steady trading just above 94.00 and nothing significant on the economic calendar today we could see a flat day in markets.
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