#OPINIONLEADER#
Morning market update 29 11 2021 with LCMS Traders:
As I'm writing this Aussie equities are trying their best to go green down around 0.3%, small bounce on the AUDUSD and US futures showing signs of a shift back to risk on. Fed Chair Powell is testifying at 23:00 GMT+8 tonight & Tresury Secretary Yellen speaking at the same time finally for the US at 23:00 GMT+8 Pending Home Sales (MoM) (Oct) is expected to be at 1.0% after -2.3% seen in September. Early days suggest that the Covid variation isn't as severe compared with the Delta variant and with the AUDUSD & NZDUSD in focus for today's currency call with the risk sentiment yet to be determined opportunities into tomorrow await after this chop is settled today and news comes out for both AUD & NZD.
- 00:06:01
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