Fundamental Analysis

Good morning, Australian Gross Domestic Product figures released overnight missed expectations in the third quarter. Year on year growth was out at 1.8% when a 2.3% rise had been priced in. AUDUSD trading at 0.7429 at time of writing. Japanese data released during the Asian session included the Coincident Index and the Leading Economic Index[...]

Good morning, The Reserve Bank of Australia left Interest Rates unchanged at 1.5% The Governor, Phillip Lowe, delivered his monetary policy decision statement in which he mentioned the slower than average growth in the global economy and the housing market locally. AUDUSD trading at 0.7450 at time of writing. Also in Australia, the Current Account[...]

Good morning, Italy voted NO on their Constitutional Referendum yesterday leading to the promise of resignation by Prime Minister Matteo Renzi. Markets were volatile from the Asian open as participants adjusted their positions. The Japanese Consumer Confidence figures were below expectations when released for November. USDJPY trading at 114.02 at time of writing. Then in[...]