On Friday, from Eurozone, German Factory Orders data was published.Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing in October 2015 increased a seasonally and working-day adjusted 1.8% on September 2015. Smaller incline by 1.3% was expected. In September 2015, the decrease on the previous month showed a corrected –0.7% (primary –1.7%).In October 2015, domestic orders increased 1.7% and foreign orders 1.8% on the previous month. As regards the direction of trade in foreign transactions, new orders from the euro area were up 2.4% on the previous month, new orders from other countries increased 1.4%.
US session was marked by
NFP and
Trade Balance figures.
The goods and services deficit was $43.9 billion in October, up $1.4 billion from $42.5 billion in September, revised. October exports were $184.1 billion, $2.7 billion less than September exports. October imports were $228.0 billion, $1.3 billion less than September imports.
USD was pushed higher after 211,000 increase in payrolls which followed a 298,000 gain in October that was bigger than previously estimated, a Labor Department report showed Friday. The median forecast called for a 20001,000 advance. The jobless rate held at a more than seven-year low of 5%.Employment in November was spurred by the biggest increase in construction hiring since January 2014. Retailers, health-care providers and leisure and hospitality companies added jobs at a healthy, but slower pace than in October.
There will be no major data releases both from Eurozone and USA on Monday, so we can expect a bit steadier session in which traders are likely to still be influenced by recent ECB stanzas as well as NFP figures, and awaiting for next Fed monetary policy move.
