News of the day. Monday 07.12.2015

December 7, 2015

There are not many important publications on Monday as markets are resting after the hectic last week. Nevertheless, attention needs to be paid to the publication of October data on the Industrial Production in Germany, due at 9 am (all times stated in GMT+2). On a month-to-month basis the index is expected to grow from -1.1% to 0.7%. It is likely that it will grow against the previous year as well that would support the Euro. The Labour Market Conditions Index for November is due at 5 pm in the US. The index represents the general state of the labour market in the US economy. Fed’s Bullard speech is due at 7:30 pm. Public appearances of Fed officials traditionally attract attention of investors, and especially now, when markets are expecting long-awaited changes in monetary policy.

On Monday night, releases will come out from the Asian markets. The GDP data from Japan is due at 1:50 am. The Japanese economy is expected to be in a better shape in the third quarter than it was in the second. Against the previous quarter the index will increase from -0.2% to 0.0%, while against the previous year it will grow from -0.8% to 0.1%. The economy growth, however, is very insignificant and is unlikely to support the Yen. November data on Trade Balance in China is due at 4 am. According to forecasts, trade balance will show a surplus of 63.30 billion US Dollars, mostly due to imports reduction.

Publication source
LiteForex information  LiteForex reviews

September 27, 2016
The US election beta
Having obsessed about an event that did not happen this month (a Fed tightening), markets now turn to obsessing about an event that will happen, namely a change of US President...
September 27, 2016
Oil prices are moving towards stabilisation
The oil prices start the week on an upbeat note as the informal OPEC meeting may end with a positive agreement for the oil market, which could resolve in production kerbs and freeze said the Algeria’s Energy Minister on Sunday...
September 27, 2016
US politics cast shadow over NZD
It's been an interesting start to the week as politics is looking likely to take centre stage amongst a market which is becoming increasingly worried over the result of the US presidential election...

HYCM Rating
Vantage FX Rating
FIBO Group Rating
FxPro Rating
Tickmill Rating
OANDA Rating

OptionFair Rating
OptionTrade Rating
Binary Brokerz Rating
IQ Option Rating
Banc De Binary Rating
Porter Finance Rating