There was a sense of unease in markets yesterday as equities moved away from the highs, with a related up-tick in measures of volatility that have been crushed to multi-year lows, which will be viewed as a welcome development by many. Today the IMF is warning on the perils of housing market valuations, as highlighted by the FT, which is particularly relevant for the UK where the potential for some policy action, more likely via the Financial Policy Committee, is growing ever stronger. Note that they meet next week, with the record of the meeting to be published early July. In many respects, we seem to be at a stand-off between central banks and markets. The latter have reacted to the ample liquidity and forward guidance provided by central banks by rallying and volatility has subsided, but this in turn is seen as a cause for concern for central banks, so at some point someone is going to blink. For today, the focus is on US retail sales data at 12:30 GMT, to offer a read on the strength of consumer demand in the US last month. A stronger number should give the dollar a modest lift, but for now, it’s not a pre-defined bullish dollar run, with the Aussie and also sterling digging their heels in for different reasons. The labour market data overnight in Australia has seen a weaker than expected reading on headline employment, but the rate remained steady at 5.8%, with AUDUSD just nudging the 0.9400, not that far from the year’s highs at 0.9461. Finally, UK markets will have one eye on the key Mansion House speech by the Chancellor this evening, which could be relevant for potential pronouncements on the housing market. FxPro - Forex Broker FxPro - Forex Broker Forex Broker FxPro is an international Forex Broker. FxPro is an award-winning online broker, offering CFDs on forex, futures, indices, shares, spot metals and energies, serving clients in more than 150 countries worldwide. FxPro offers execution with no-dealing-desk intervention and maintains a client-centric business model that puts customer needs at the forefront of our operations. Our acquisition of leading spot FX aggregator, Quotix, enables us to offer access to a deep pool of liquidity, as well as top-class order-matching and some of the most competitive spreads in the market. FxPro is one of only few brokers offering Negative Balance Protection, ensuring that clients cannot lose more than their overall investment. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number: 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number: 078/07) and by the South Africa Financial Services Board (authorisation number 45052). Risk Warning: Trading CFDs involves significant risk of loss. View All Post By FxPro - Forex Broker Forex News Today: Daily Trading News share Read Next EUR/USD June 12 – Under Pressure Ahead of US Kenny Fisher 8 years There was a sense of unease in markets yesterday as equities moved away from the highs, with a related up-tick in measures of volatility that have been crushed to multi-year lows, which will be viewed as a welcome development by many. Today the IMF is warning on the perils of housing market valuations, as highlighted by the FT, which is particularly relevant for the UK where the potential for some policy action, more likely via the Financial Policy Committee, is growing ever stronger. Note that they meet next week, with the record of the meeting to be published early July.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.