Nov 25


  • BY: Donal Kelly
  • November, 25th, 2016 10:29 +00:00

25.11.16Good morning,

Japan released data overnight which showed numbers broadly in line with expectations, the National Consumer Price Index rose by 0.1% year on year till October, while foreign bond investment decreased, and investment by foreign interests declined from previous numbers. USDJPY trading at 113.11 at time of writing. In Europe this session the first item on the calendar will be France's Consumer Confidence figures for November. Italian Industrial Production numbers  and Retail Sales figures will also be released this morning. The constitutional  referendum in Italy will be held on the 4th of December.

USDJPYecnDaily 25.11.16GBPUSDecnDaily 25.11.16

Britain will look at Gross Domestic Product figures for the third quarter. GBPUSD trading at 1.2451 at time of writing. The GDP figure is expected to maintain the 0.5% rate we saw in the second quarter (QoQ). Across the Atlantic United States Wholesale Inventories and Goods Trade Balance figures for October will be out before the preliminary Markit Services and Composite Purchasing Managers Indices figures for November.

I hope you all have a nice weekend.