27.10.16

Okt 27

FUNDAMENTAL ANALYSIS BY NSFX 27.10.2016

  • BY: Donal Kelly
  • Oktober, 27th, 2016 10:05 +00:00

Good morning,

New Zealand Trade Balance figures were out overnight. The figures showed an increase in Exports alongside an increase in Imports. NZDUSD trading at 0.7151 at time of writing. Foreign investment figures out of Japan were published for the 21st of October. The figures were leaning towards an outflow of funds. USDJPY trading at 104.64 at time of writing. Australian Import and Export price indices were also published during the Asian session.

NZDUSDecnDaily 27.10.16USDJPYecnDaily 27.10.16

In Europe this session the Swiss UBS Consumption Indicator will be the first item on today's agenda. EURCHF trading at 1.0834 at time of writing. Spanish unemployment figures are expected to drop below 20% when figures for the third quarter are released this session. Italian Business & consumer Confidence figures are out for October this session. British Gross Domestic Product figures for the third quarter and the CBI Distributive Trade Survey will also be published this session.

EURCHFecnDaily 27.10.16GBPUSDecnDaily 27.10.16

Across the Atlantic today Jobless Claims are the first item on the calendar along with the important Durable Goods Orders. GBPUSD trading at 1.2214 at time of writing. Pending Home Sales figures and the Kansas Fed Manufacturing Activity survey will be released later in the session. Tomorrow we will get United States preliminary GDP figures for the third quarter.

I hope you all have a nice day.