11.11.16

Good morning,

Asian markets saw Japanese Domestic Corporate Goods Price Index figures out in line with expectations. USDJPY trading at 106.49 at time of writing. Australian Reserve Bank Assistant Governor Guy Debelle said the RBA hasn't changed on monetary policy yet following the US election result. AUDNZD trading at 1.0563 at time of writing. European markets today will see Wholesale Priced and Consumer Price Indices out of Germany while Romania will publish their CPI, and Turkey will announce their preliminary Current Account Balance. Sweden will look towards their unemployment data for October. EURUSD trading at 1.0887 at time of writing. The US and Canadian markets will remain closed for Veterans Day and Remembrance Day respectively. However there will still be a couple of speeches, one from the Fed's Stanley Fischer and then from the Bank of Canada's Governor Stephen Poloz. The Michigan Consumer Sentiment Index for November is also on the agenda. USDCAD trading at 1.3507 at time of writing.

I hope you all have a nice weekend.