- Thursday, 11 January 2018
- Daily Fundamental Analysis
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 the fall in November, output increased sharply over the last three months in the manufacturing industry (+2.1%) as well as in the overall industry (+2.0%). Output went up strongly in “other manufacturing” (+2.5%), in the manufacture of machinery and equipment goods (+2.7%), in the manufacture of transport equipment (+2.8%), and in mining and quarrying, energy, water supply (+1.3%).
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- Thursday, 11 January 2018
- Daily Fundamental Analysis
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 3.9%; within this sector, transport equipment provided the largest upward contribution, increasing by 6.7%. In November 2017, total production was estimated to have increased by 0.4% compared with October 2017; energy supply provided the largest contribution, increasing by 3.2%, due mainly to the temperature being warmer than average in October 2017 and colder than average in November 2017. Read more...
- Thursday, 11 January 2018
- Daily Fundamental Analysis
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 rise 1.9 percent from a year earlier, compared with an increase of 1.7 percent in November. The producer price index rose 4.9 percent from a year earlier, compared with the previous month’s rise of 5.8 percent, the National Bureau of Statistics (NBS) said on its website. Analysts polled by Reuters had predicted the rise in the PPI to slow to 4.8 percent in December.
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- Tuesday, 09 January 2018
- Daily Fundamental Analysis
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 Statistical Office (Destatis). In October 2017, the corrected figure shows a decrease of 1.2% (primary –1.4%) from September 2017. In November 2017, production in industry excluding energy and construction was up by 4.3%.
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