Analysis and Recommendation: The AUD/USD eased by 16 points to trade at 0.8744 as traders continue to worry about the global economy. The Australian
The AUD/USD eased by 16 points to trade at 0.8744 as traders continue to worry about the global economy. The Australian dollar followed the NZ currency lower on Thursday following the release of weaker-than-expected inflation figures.
Statistics New Zealand data showed inflation was unchanged at 0.3 per cent in the September quarter, slowing the annual pace to one per cent, at the lower end of the Reserve Bank of New Zealand’s target band of between one and three per cent, and below analyst expectations for a 1.3 per cent rise.
U.S. stock futures and the dollar fell this morning after reports that a New York doctor has tested positive for the Ebola virus.
A physician with Doctors Without Borders who returned to New York City from West Africa, has tested positive for Ebola, according to media reports.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Today’s economic releases actual vs. forecast:
Cur. |
Event |
Actual |
Forecast |
Previous |
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|
NZD |
Trade Balance (MoM) |
-1,350M |
-700M |
-472M |
|
|
|
NZD |
Trade Balance (YoY) |
650M |
1,510M |
2,020M |
Upcoming Economic Events that you should be monitoring:
Cur. |
Event |
Actual |
Forecast |
Previous |
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|
Holiday |
New Zealand – Labour Day |
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|
EUR |
German Business Expect |
|
98.4 |
99.3 |
|
|
|
EUR |
German Current Assess |
|
109.5 |
110.5 |
|
|
|
EUR |
German Ifo Climate Ind |
|
104.1 |
104.7 |
|
|
|
USD |
Pending Home Sales |
|
0.3% |
-1.0% |
Government Bond Auction
Date Time Country Auction
Oct 27 12:30 Germany Eur 2.0bn new 12M Bubill (Oct 2015) auction
Oct 27 18:30 Italy Announces details of BTP/CCTeu auctions on Oct 30
Oct 27 12:10 Italy BTPei/CTZ auctions
Oct 28 12:10 Italy BOT auction
Oct 28 19:00 US 2Y Note auction
Oct 29 12:03 Sweden Bond auction
Oct 29 12:30 Germany Eur 4.0bn Aug 2024 Bund auction
Oct 29 17:30 US 2Y FRN auction
Oct 29 19:00 US 5Y Note auction
Oct 30 12:10 Italy BTP/CCTeu auctions
Oct 30 19:00 US 7Y Note auction