13.12.16
FUNDAMENTAL ANALYSIS BY NSFX 13.12.2016
- BY: Donal Kelly
- Dicembre, 13th, 2016 8:46 +00:00
Good morning,
There were figures released in Australia overnight which saw a worse than expected House Price Index for the third quarter according to figures released by the Australian Bureau of Statistics. In New Zealand there were the Manufacturing Sales figures for the same period which increased by 2.1%, in line with the 2.2% revised figure from June. AUDNZD was trading at 1.0411 at time of writing.
This week will see two important Interest Rate decisions out of Europe, both taking place Thursday. In the morning the Swiss National Bank, with the Bank of England scheduled to announce that afternoon. GBPCHF trading at 1.2840 at time of writing. German, Spanish, Swedish and British Consumer Price Index data will all be published this session, as will Italian Industrial Output figures and Producer Price Indices from the UK. EURGBP trading at 0.8395 at time of writing.
Across the Atlantic today US markets will begin by looking at the NFIB Business Optimism Index for November. Import and Export Price Indices are next on the agenda, before the Redbook Index. EURUSD trading at 1.0645 at time of writing. The API Weekly Crude Oil Stock will be taken, with USOIL trading at around $53 per barrel. The Federal Reserve Interest Rate Decision will be announced tomorrow.
I hope you all have a nice day.