29.11.16

Good morning,

Japan released Overall Household Spending, and Retail Trade figures for October along with their Unemployment Data for the same month, the unemployment rate remained unchanged at just 3% while household spending, and retail trade figures did not fall by as much as had been expected. USDJPY trading at 112.01 at time of writing. New Home Sales figures released by Housing Industry Association show that sales fell by 8.5% according to November's data. AUDUSD trading at 0.7482 at time of writing.

In Europe this session German Import Price Index data figures will start the news feed ticking, followed by French Consumer Spending, and Gross Domestic Product data. British Consumer Credit and Mortgage Approvals figures for October will be out this session before we get to preliminary Consumer Price Index data out of Germany. EURGBP trading at 0.8544 at time of writing. Across the Atlantic today we will get Gross Domestic Product figures and Personal Consumption Expenditures out of the US and Canada's Current Account figures will be released at the same time. USDCAD could prove volatile around these figures, and the pair was trading at 1.3428 at time of writing.

I hope you all have a nice day.