31.10.16
FUNDAMENTAL ANALYSIS BY NSFX 31.10.2016
- BY: Donal Kelly
- Oktober, 31st, 2016 10:04 +00:00
Good morning,
Asian markets saw Australian TD Securities Inflation figures for October released by the University of Melbourne, and the Private Sector Credit figures for August released overnight. AUDUSD trading at 0.7610 at time of writing. Japanese Construction Orders and Housing Starts data for September were showing growth year on year. USDJPY trading at 104.97 at time of writing.
German Retail Sales figures were out first thing this session and the figures released were below expectations. EURUSD trading at 1.0958 at time of writing. Denmark's Unemployment Rate fell from 3.5% to 3.4% according to figures published this morning. Spanish Retail Sales figures for September and the Current Account Balances for August are out this session. British figures out this session will look at Consumer Credit and Mortgage Approvals figures this morning along with the M4 Money Supply data for September. Euro Zone Gross Domestic Product figures for the thrid quarter will be the main European market mover this session.
In the US today Personal Spending, Income and Consumption Expenditures figures will lead the way. Canadian Raw Material Prices and the Industrial Product Price data for September will be released this session. There are figures including the Chicago Purchasing Managers' Index for October and the Dallas Fed Manufacturing Business Index figures for the same month later this afternoon. USDCAD trading at 1.3378 at time of writing.
I hope you all have a good day.