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Daily Fundamental Analysis

GBP/USD Daily Forecast – 12 January

There were no data releases from the UK yesterday. In the US session, Unemployment Claims and PPI data was released. In the week ending January 6, the advance figure for seasonally adjusted initial claims was 261,000, an increase of 11,000…

AUD/USD Daily Forecast – 12 January

Yesterday's session was marked by Australian Retail Sales figures. Australian retail turnover rose 1.2 per cent in November 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.  This follows a 0.5 per cent rise…

EUR/USD Daily Forecast – 11 January

Yesterday, from Eurozone French Industrial Production figures were released. In November 2017, French output slipped back in the manufacturing industry (−1.0%) after a strong increase in October (+2.5%). It fell more slightly in the whole industry (−0.5% after +1.7%). Despite…

GBP/USD Daily Forecast – 11 January

Yesterday's session brought UK Industrial Production figures were published. Total production output increased by 3.3% for the three months to November 2017 compared with the same three months to November 2016, with manufacturing providing the largest upward contribution, increasing by…

AUD/USD Daily Forecast – 11 January

There were no data releases from Australia yesterday, but from China CPI and PPI figures were published. China’s consumer inflation accelerated to 1.8 percent in December, official data showed on Wednesday. The consumer price index (CPI) had been expected to…

EUR/USD Daily Forecast – 10 January

From the Eurozone, yesterday, German Industrial Production figures were released. In November 2017, production in industry was up by 3.4% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal…

GBP/USD Daily Forecast – 10 January

From the UK, yesterday, BRC report on retail sales was published. The British Retail Consortium, which represents large chains, said overall spending in the last three months of 2017 rose by a sluggish 1.1 percent, compared with an average annual…

AUD/USD Daily Forecast – 10 January

Yesterday's session brought Australian Building Approvals figures. The number of dwellings approved rose 0.9 per cent in November 2017, in trend terms, and has risen for 10 months, according to data released by the Australian Bureau of Statistics (ABS) today.…

EUR/USD Daily Forecast – 09 January

From Eurozone, yesterday, German Factory Orders and Retail Sales figures were published. Based on provisional data, the Federal Statistical Office (Destatis) reports that price-adjusted new orders in manufacturing had decreased in November 2017 a seasonally and working-day adjusted 0.4% on…

GBP/USD Daily Forecast – 09 January

From the UK, yesterday, house prices figures were released. House prices in the three months to December were 1.3% higher than in the previous quarter; a gradual slowdown from 2.3% in both October and November. The annual rate of growth…

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