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Daily Fundamental Analysis

EUR/USD Daily Forecast – 15 December

From Eurozone, yesterday, French and German PMI figures were released. French private sector output remained strong in December, boosting the economic outlook for the euro zone’s second largest economy according to data released on Thursday. The preliminary reading of the…

GBP/USD Daily Forecast – 15 December

From the UK, yesterday, Retail Sales figures were released. The underlying pattern in the retail industry in November 2017, as suggested by the three-month on three-month measure remains one of growth, with the quantity bought increasing by 0.8%. When compared…

AUD/USD Daily Forecast – 15 December

Yesterday's session brought Australian job figures. Seasonally adjusted employment increased by 61,600 persons from October to November 2017 (following a combined increase of 28,600 over the preceding 2 months). The underlying composition of the net change was an increase of…

EUR/USD Daily Forecast – 14 December

From Eurozone, yesterday, Industrial Production figures were released. In October 2017 compared with September 2017, seasonally adjusted industrial production rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical…

GBP/USD Daily Forecast – 14 December

Focus of the yesterday's session was on UK job figures. There were 32.08 million people in work, 56,000 fewer than for May to July 2017 but 325,000 more than for a year earlier. There were 1.43 million unemployed people (people…

AUD/USD Daily Forecast – 14 December

From Australia, yesterday, Westpac Consumer Sentiment figures were released. The Westpac Melbourne Institute Index of Consumer Sentiment rose 3.6% to 103.3 in December from 99.7 in November. This is a surprisingly strong result and confirms the lift we have seen…

EUR/USD Daily Forecast – 13 December

Yesterday's session brought ZEW Economic Sentiment figures for Germany and Eurozone. The ZEW Indicator of Economic Sentiment for Germany records a decrease of 1.3 points in December 2017 and now stands at 17.4 points. The indicator thus still remains below…

GBP/USD Daily Forecast – 13 December

Yesterday's session was marked by UK CPI and PPI data. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.8% in November 2017, unchanged from October 2017. The Consumer Prices Index (CPI) 12-month rate was…

AUD/USD Daily Forecast – 13 December

From Australia, yesterday, HPI and NAB Business Confidence figures will be released. The Residential Property Price Index (RPPI) for Sydney fell 1.4 per cent in the September quarter 2017 following positive growth over the last five quarters, according to figures…

EUR/USD Daily Forecast – 12 December

From Eurozone, yesterday, only Italian Retail Sales figures were released. In October 2017, the retail trade decreased by 2.1% compared with October 2016, all store types showed decline as food retailing was down 1.7% and non-food retailing was down 2.4%.…

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