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GBP/USD Daily Forecast - 10 December

European part of session, yesterday, was marked by UK Industrial and Manufacturing Production figures. While analysts were predicting 0.2% growth, total production in October 2014 is estimated to have decreased by 0.1%  compared with September 2014. <b> Manufacturing was the only one of the four main components to fall, decreasing by 0.7%. Analysts were anticipating 0.3% increase. </b> In the three months to October 2014, production and manufacturing were 10.4% and 5.5% respectively below their figures reached in the pre-downturn GDP peak in Q1 2008.

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Aussie lower on China Trade Balance figures

This morning from Australia ANZ Job Advertisement figures were released. According to the latest ANZ release total job advertisements rose 0.7% to 138,053 per week on average in November. That was the highest average since January last year , while annual growth in ads accelerated to 8.9 %. Ads on the internet rose 0.9% in November, while those in newspapers dropped 5.4% continuing a long trend toward online advertising.

 

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AUD/USD Daily Forecast - 09 December

From Australia, yesterday, ANZ Job Advertisements figures were released. According to the latest ANZ release total job advertisements rose 0.7% to 138,053 per week on average in November. That was the highest average since January last year , while annual growth in ads accelerated to 8.9 %. Ads on the internet rose 0.9% in November, while those in newspapers dropped 5.4% continuing a long trend toward online advertising. However,

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AUD/USD Weekly Forecast - 08 December - 12 December

Events that marked the week:

 

From Australia, on Monday, quarterly company operating profits figures were released. In current prices, the trend estimate for company gross operating profits fell 2.7% this quarter. The seasonally adjusted estimate rose 0.5%. In current price terms, the trend estimate for wages and salaries rose 0.4%. The seasonally adjusted estimate rose 0.5%. Analysts were predicting 1.2% decrease.

 

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