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US consumer sentiment and oil summit eyed after China

China reported stable growth and a rebound in some sectors, but doubts creep in. The jury will not remain out for too long: will market see the glass half empty or half full? So far, AUD/USD is up but only to resistance. After disappointing inflation and retail sales, we get the forward looking consumer sentiment figure from the US and also watch out for headlines regarding the OPEC-Non-Opec meeting.

Wrap up of the morning show for Friday, April 15th:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.