News of the day. Wednesday 09.12.2015

December 9, 2015

Today, traders will be following news from Germany, New Zealand and Australia.

At 9:00 am (all times stated in GMT+2), October data on Imports, Exports and Trade Balance is due in Germany. Analysts expect Imports to fall from 3.6% to -0.9% and Exports to be down to 0.55% from 2.60%. At the same time, trade surplus is forecasted to increase from 19.4 to 20.0 billion euros.

RBNZ announces its interest rate decision at 10:00 pm. The Regulator is expected to cut interest rates from 2.75% to 2.5%. If the forecast is confirmed, the NZD is likely to decline as investors, in search for assets with higher interest rates, are selling less attractive assets. Later on, the Reserve Bank Governor gives a press conference regarding monetary policy.

On Thursday night, at 2:30 am labor market statistics for November are due in Australia. Unemployment Rate is expected to increase slightly from 5.9% to 6.0%. Moreover, data on Employment Change and Participation Rate is worth noting.

Publication source
LiteForex information  LiteForex reviews

October 21, 2016
Gold prices drop in Asia amid stronger greenback
On Friday, gold dropped during Asia trade amid a strengthening greenback as well as surging chances of a rate hike weighing on the hedge commodity...
October 21, 2016
ECB holds the rate unchanged with the pressure on Draghi
After a brief upturn seen in the late Asian trading, the currency retreats to the Wednesday close showing a tepid response to the ECB policy update. The New York FED leader William Dudley comments offered a support to the Dollar rally although the focus remained on the US inflation...
October 21, 2016
EURGBP Tests Major Support
This morning we saw the release of German PPI YoY and MoM figures for September. The former fell to -1.4%, compared to expectations of -1.2%. The latter was -0.2%, in line with expectations...

HotForex Rating
OANDA Rating
FIBO Group Rating
FBS Rating
Vantage FX Rating
FXTM Rating

Beeoptions Rating
OptionRally Rating
TopOption Rating
Porter Finance Rating
24option Rating
OptionBit Rating