16.11.16
FUNDAMENTAL ANALYSIS BY NSFX 16.11.2016
- BY: Donal Kelly
- Novembre, 16th, 2016 12:42 +00:00
Good morning,
Australian figures released during the Asian session included the wage price index and new motor vehicle sales for the third quarter and the month of October respectively. AUDUSD trading at 0.7525 at time of writing. Japanese foreign investment figures will be published in the coming session. USDJPY trading higher and the pair was priced at 109.46 at time of writing. New Zealand Retail Sales figures and Australian Employment data will also be announced in the coming session.
In Europe today Britain will see the ILO Unemployment Rate for September along with the Claimant Count figures. EURGBP trading at 0.8588 at time of writing. Data releases today will include the HICP from Austria, Producer Price Index data out of the Czech Republic and Slovakia's Inflation data. Swiss ZEW Survey Expectations will round off the data released this session in Europe.
Across the Atlantic today United States Producer Price Index data for October will be the first release of the day. Canadian Manufacturing Shipments will be released coincidentally, however neither of these items are expected to lead to major volatility. USDCAD trading at 1.3451 at time of writing. Industrial Production figures and Capacity Utilization data for October will be released Stateside this session, as will the updated EIA Crude Oil Stocks change figures. USOIL trading at $45.67 per barrel at time of writing.
I hope you all have a nice day.