NEWS

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Hurricane season is heating up for 2017 with Tropical Storm Harvey due to turn into a Category 2 or 3 Hurricane through the Gulf of Mexico and to hit Texas. Traders, first responders, forecasters alike rely on data, artificial lintelligence machine learning is being used to improve forecasts.

The EIA releases it's weekly natural gas storage report each Thursday at 10.30 ET, the key data point for natural gas traders outside of weather modelling. This week another build is expected.

Federal Reserve Bank of Dallas President Robert Kaplan speaking on Inflation and labor gave color to Fed economists study Getting a Jump on Inflation was released. How technology and the U.S. debt level is impeding inflation.

Hardware and home improvement retailer Lowe's $LOW reported worse than expected second-quarter earnings and warned for the full-year with operating margins pressure. Home Depot $HD shares sold off last week on growth concerns.

The New Zealand dollar has sold off for 3 straight cents since tagging 75.50 in late July with pressure from AUDUSD, dairy exports and now budget projections. Kiwi now rests on a key daily support line.

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