12.10.16

Ott 12

FUNDAMENTAL ANALYSIS BY NSFX 12.10.2016

  • BY: Donal Kelly
  • Ottobre, 12th, 2016 10:10 +00:00

Good morning,

Japanese markets reopened today following the Health and Sports Day holiday. Machinery Orders figures for August were out higher than had been expected. USDJPY trading at 103.59 at time of writing. New Zealand will look towards the Business NZ Purchasing Manager's Index figures for September in the coming Asian session. NZDUSD trading at 0.7077 at time of writing.

USDJPYecnDaily 12.10.16NZDUSDecnDaily 12.10.16

In Europe this session we have seen German Wholesale Price Index figures and French Consumer Price Indices figures for September. Then board member, Fritz Zurbrugg, of the Swiss National Bank is scheduled to speak. Later in the session the Swiss markets will look towards the ZEW Survey for October Expectations. EURCHF trading at 1.0922 at time of writing. The Euro Zone will release Industrial Production data for August, and a slight improvement on previous figures are expected.

EURCHFecnDaily 12.10.16EURUSDecnDaily 12.10.16

Across the Atlantic today the FOMC Meeting Minutes will be the most anticipated news of the day. Before that is published though, we have to get through the MBA Mortgage Applications, a couple of FED member speeches (Dudley & George) and the JOLTS Job Openings figures for August. EURUSD trading at 1.1046 at time of writing. For the rest of the week we will look towards the Retail Sales figures from September and FED Chair Yellen's speech this coming Friday out of the US.

I hope you all have a nice day.