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Oil sheds momentum ahead of U.S holiday after rallying for eight days

Do you know, that Australian stocks advanced 1.65 percent? The Australian dollar climbed 0.1 percent to $0.7666. USD grew after the June domestic manufacturing index activity rose and, also, because a positive and strong showing of government outlays on construction projects in May.
In currency, EUR was changed a little bit and GBP inched higher but failed to make gains on most of Monday's 0.7 percent loss.
Read more about currency and commodities on site! goo.gl/Bx6DsH



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Will the USA increase rates, sending the US dollar flying higher?

Check the release of the UK Construction PMI - an indicator of the construction markets robustness and is regarded as a leading indicator of economic health. Important state of USA economy shows the release of the ADP Non-Farm Employment Change figure, also many investors are waiting for Federal Funds Rate and statement out of the US. Read more about influential events and figures here goo.gl/Q7ToSB