27.12.16

Dec 27

FUNDAMENTAL ANALYSIS BY NSFX 27.12.2016

  • BY: Donal Kelly
  • December, 27th, 2016 9:00 +00:00

Good morning,

Japan was the first nation to see market action following the Christmas break, with Australia and New Zealand remaining closed today. The Bank of Japan Governor Haruhiko Kuroda spoke before the Leading Economic & Coincident Indices were released. Tokyo and National Consumer Price Index figures were also released with the unemployment rate rising slightly from 3.0% to 3.1% USDJPY trading at 117.24 at time of writing.

USDJPYecnDaily 27.12.16EURUSDecnDaily 27.12.16

Europe remains quiet today regarding data tickers and there is nothing of note expected to be published today. Across the Atlantic American markets will see the Sales Season begin. The Redbook index, and the S&P/Case Schiller Home Price Indices will be the first items released Stateside today. Other figures due for release today will include Consumer Confidence figures for December, and the Richmond and Dallas Fed Manufacturing Business Indices for the same month. EURUSD trading at 1.0447 at time of writing. GOLD was trading at around $1144 per ounce while USOIL was trading in the $53 per barrel region.

I hope you all have a nice day.