Dec 21


  • BY: Donal Kelly
  • December, 21st, 2016 8:56 +00:00

Good morning,

Very little happening today on the data feed ahead. Overnight we saw the Trade Balance data out of New Zealand which saw both imports and exports decreasing. NZDUSD trading at 0.6913 at time of writing. The third quarter Gross Domestic Product data will be released in the coming hours by Statistics of New Zealand. The Japanese All Industry Activity Index was out higher than had been expected at 0.2% for the month of October. USDJPY trading at 117.58 at time of writing.

NZDUSDecnDaily 21.12.16USDJPYecnDaily 21.12.16

In Europe today Sweden will see the Riksbank Interest Rate decision. Norway will announce their latest Labour Force Survey, France will look at Producer Prices for November, Italy will release Wage Inflation data and the UK will look towards Public Sector Net Borrowing figures. EURGBP trading at 0.8438 at time of writing. The Swiss National Bank Quarterly Bulletin will be of interest to anyone with Swiss Franc positions currently opened, or planned.

EURGBPecnDaily 21.12.16EURUSDecnDaily 21.12.16

In the US today we will get November Existing Home Sales data, and the EIA Crude Oil Stocks change figures. There is very little else on the agenda. USOIL trading at around $53.64 per barrel at time of writing while GOLD was trading at $1133 per ounce. EURUSD was trading at the 1.04 figure at time of writing.

I hope you all have a nice day.