Good morning and welcome to CupO’Forex. This is your daily video analysis for Monday, September 15.
Asian markets have been trading relatively quiet today with Japan being closed.
The financial equity markets in the region are a bit lower as the Japanese markets are shut today for a public holiday. Asian Rim markets are lower thanks to the ever slowing data emerging from China indicating a slowdown in the world’s second largest economy.
There is not much happening on the economic data front today. We have industrial production numbers coming out of the U.S. this afternoon as well as capacity data. There is still worries the U.S. economy is under capacity, but that should not really move the financial markets. With a slow news day, summer volumes being low, we could have some erratic trading.
Thanks for tuning in! Have a wonderful day!