Psychology for major markets September 5th

EUR/USD – Consolidation ahead of U.S. data Thursday and Friday. 

USD/JPY – JPY gains further ground on Japan real wage data.  Short term market view mixed, as JPY overbought.  

EUR/GBP – Consolidation continues, as market waits for key EZ and UK data next week and ECB meeting. 

AUD/USD – RBA hawkishness provides some support but China worries hurting, despite softer USD trend.

Equities – Short-term stablisation, but undertone remains nervous before payrolls.