Economic News 26.11.14

Nov 26


  • BY:
  • November, 26th, 2014 7:39 +00:00

Crude oil traded near its lowest level since 2010 on concerns OPEC members won’t cut output during their meeting this week. Crude trading at 74.10 at time of writing

US figures point towards recovery, GDP, Reedbook better than expected, Consumer Confidence for September slightly lower.

Todays figures: GBP GDP at 09.30GMT , in US quite a few data releases published today, Durable Goods for October, Initial Jobless Claims and Pending Home Sales all at 13.30GMT are among the more important indicators before we enter Thanksgiving weekend in the US.

Business indicators in Eurozone show a surprisingly stronger outcome than expected.

Currencys traded in narrow ranges, EUR/USD at 1.2475       USD/JPY 117.75      GBP/USD   1.5715    USD/CHF 0.9645

Stock closings: DJ 17814.94     FTSE 6731.15    Nikkei   17383.58      DAX 9861.21    SMI  9042.74    ASX 5380.271


Have a great day !