- Tuesday, 16 January 2018
- Daily Fundamental Analysis
AUD/USD Daily Forecast – 16 January
From Australia, yesterday, only MI Inflation Index figures were released. The reading from the Melbourne Institute and TD Securities showed that prices rose by 0.1% on the month in December, below November’s 0.2% gain. The annual rate was 2.3%, well below the prior month’s 2.7% and the ‘trimmed mean’ reading came in at 2.2% on the year.
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- Friday, 12 January 2018
- Daily Fundamental Analysis
EUR/USD Daily Forecast – 12 January
From Eurozone, yesterday, Industrial Production figures were published. In November 2017 compared with October 2017, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.9% in the EU28. In October 2017, industrial production rose by 0.4% in the euro area and by 0.5% in the EU28. In November 2017 compared with November 2016, industrial production increased by 3.2% in the euro area and by 3.5% in the EU28. The increase of 1.0% in industrial production in the euro area in November 2017, compared with October 2017, is due to production of capital goods rising by 3.0%, durable consumer goods by 1.6%, intermediate goods by 1.1% and non-durable consumer goods by 0.1%, while production of energy remained unchanged.
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- Friday, 12 January 2018
- 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 from the previous week's unrevised level of 250,000. The 4-week moving average was 250,750, an increase of 9,000 from the previous week's unrevised average of 241,750. Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal.
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- Friday, 12 January 2018
- Daily Fundamental Analysis
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 in October 2017. In seasonally adjusted terms, rises were led by the household goods (4.5 per cent) and other retailing (2.2 per cent) industries," the Director of the Quarterly Economy Wide Surveys, Ben James, said. "Seasonally adjusted sales in both these industries are influenced by the release of the iPhone X and the increasing popularity of promotions in November, including Black Friday sales."
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