26.10.16

Oct 26

FUNDAMENTAL ANALYSIS BY NSFX 26.10.2016

  • BY: Donal Kelly
  • October, 26th, 2016 10:06 +00:00

Good morning,

The Asian session saw the Corporate Service Price figure for August out of Japan. The reading was released by the Bank of Japan. USDJPY trading at 104.27 at time of writing. Australian figures released overnight included the Reserve Bank of Australia Consumer Price Index data for the third quarter. AUDUSD trading at 0.7691 at time of writing. New Zealand Trade Balances, Japanese Foreign Investment figures and Australian Export and Import Price Indices coming in the next 24 hours.

USDJPYecnDaily 26.10.16AUDUSDecnDaily 26.10.16

In Europe this session German Gfk Consumer Confidences lead the way before France Consumer Confidences figures for October will be released. German Import Price Index figures for September will be looked at before Italy will publish August's Retail Sales figures. In the UK British Bankers' Association Mortgage Approval figures for September are due to be published this session. EURGBP trading at 0.8952 at time of writing.

EURGBPecnDaily 26.10.16EURUSDecnDaily 26.10.16

Across the Atlantic today on Wall St we get the session underway with the publication of MBA Mortgage Applications figures. Goods Trade Balance figures for September will be the next item on the calendar. Markit Services and Composites preliminary figures for October are the next item on our agenda, before New Home Sales figures are released. EURUSD trading at 1.0907 at time of writing. The US Presidential election will take the focus of the coming weeks with particular attention to how the Greenback will be affected by the battle between Donald Trump and Hillary Clinton.

I hope you all have a nice day.