USD waiting for U.S. retail sales
EUR/USD – EUR/USD hovering around 1.10 waiting for U.S. rate clues.
USD/JPY – 146-148 consolidation band, but break either side will renew volatility.
EUR/GBP – Pushing back up towards 0.86 after weaker than expected July UK CPI data, but weaker UK real sector data may be needed to extend upside progress.
AUD/USD – AUD has extended gains above 0.66 as risk sentiment stabilises. Further upside scope exists if risk sentiment continues to improve.
Equities – Small gains as correction seen to be overdone, but some large players offloading into rallies.
