Economic News 28.11.14

Nov 28

FUNDAMENTAL ANALYSIS BY NSFX 28.11.2014

  • BY:
  • November, 28th, 2014 8:00 +00:00

US Oil dropped to its lowest levels in 4 years after OPEC left oil production unchanged. Oil trades at 68.52

Yen plunged to a seven year low after weaker household spending figures and slower inflation.

At 08.00GMT Swiss KOF leading indicator will be released, previously at 99.8, expected at 100.1

At 09.00GMT Italian Unemployment, expected flat at 12.6%

Eurozone Core CPI at 10.00GMT last at 0.7%

At  13.00GMT Canadian Annualized GDP last at 3.1%, expected at 2.1%

On Sunday the Swiss will vote about the Gold Referendum, recent polls show the referendum will be declined by a small majority. USDCHF last at .9668 and EURCHF at 1.2022

No US data today due to Black Friday, happy shopping everyone!!.