Fundamental Analysis

Good morning, Asian markets were fairly quiet regards data tickers. There was nothing of note released in Japan, Australia or New Zealand overnight. NZDUSD trading at 0.7039 at time of writing. Sunday/Monday however will prove a bit more active no doubt, as New Zealand will look at the Westpac consumer survey for the fourth quarter,[...]

Good morning, Federal Reserve Chair Janet Yellen announced an Interest Rate increase of 25 basis points from 0.5% to 0.75% yesterday evening which was widely expected. This confirmation led to a sell off in GOLD on the back of Dollar gains, and OIL did likewise. XAUUSD trading at $1139 per ounce at time of writing,[...]

Good morning, Japan released their Tankan Manufacturing data figures for the third quarter, which came out slightly lower than expected. Their Industrial Production was also lower than forecast. USDJPY trading at 115.07 at time of writing. In Australia the Westpac Consumer Confidence survey for December was out, with a 3.9% drop in the report. New[...]