28.10.16

Oct 28

FUNDAMENTAL ANALYSIS BY NSFX 28.10.2016

  • BY: Donal Kelly
  • October, 28th, 2016 10:05 +00:00

Good morning,

Japanese Unemployment figures were released for September while Overall Household Spending figures were out better than had been expected. Consumer Price Index figures were in line with expectations. USDJPY trading at 105.26 at time of writing. Australian Producer Price Index figures for the third quarter were out in Sydney today, as were the HIA New Home Sales figures for October. AUDUSD trading at 0.7575 at time of writing.

USDJPYecnDaily 28.10.16AUDUSDecnDaily 28.10.16

In Europe this session preliminary French Gross Domestic Product figures along with Consumer and Producer Price Indices and Consumer Spending figures will be released this session. Spanish Gross Domestic Product figures are also on the agenda this session. The KOF Leading Indicator out of Switzerland will be released at the beginning of the European session. EURCHF trading at 1.0844 at time of writing. German Consumer Price Index will be out later in the session.

EURCHFecnDaily 28.10.16EURUSDecnDaily 28.10.16

Across the Atlantic today we will get United States Gross Domestic Product figures. EURUSD trading at 1.0914 at time of writing. At the same time as the GDP data is released there will be the Personal Consumption Expenditures. Later in the session the Reuters/Michigan Consumer Sentiment Index and the Baker Hughes US Oil Rig Count will be announced. USDOIL trading at $49.56 at time of writing

I hope you all have a nice day.