The Traderszone Network

 A better day for the Nikkei
– +219.82
– open 20450.61
– high 20583.57
– low 20443.89
– USDJPY 124.13

Dollar gains as investors interpreted as a slightly hawkish statement from the Federal Open Market Committee in deciding when to raise short term rates, but some say December is still the most likely date for an increase.
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Latest note from National Australia Bank economist David van Garis
– drag from terms of trade would see nominal GDP down 0.2% in Q2, restraining overall nominal growth over the year to +0.8%
AUDUSD still treading water/making its mind up at 0.7314

Brazil Olympics’ athletes will be swimming and boating in waters so contaminated that they risk becoming ill and unable to compete. The AP reports.

Greetings one and all
So the FOMC leave us guessing as if we expected any different. I remain of the view that there will be no rate hikes anytime soon
Data wise today we have a fairly busy calendar with German unemployment/CPI and US GDP the highlights

USDJPY  122.50 (USD 710m) 124.00 (886m) 125.00 (402m)
– EURUSD
– GBPUSD
– AUDUSD 0.7250 (AUD 358m)
– NZDUSD 0.6565 (NZD 278m) 0.6600 (251m)
– EURGBP 0.7250 (402m)

Squawk Box Live in Europe will keep you updated with all the reaction from the Fed statement and a slew of earnings news.