Here are the key factors to keep in mind today for Euro trades:
- German GfK Consumer Confidence Index: The German GfK Consumer Confidence Index for November was reported at 9.4. Economists predicted the index at 9.4 and forex traders can compare this to the German GfK Consumer Confidence Index of 9.6 from October.
- German Import Price Index: The German Import Price Index for September decreased by 0.7% monthly and by 4.0% annualized. Economists predicted a decrease of 0.2% monthly and 3.5% annualized. Forex traders can compare this to the decrease of 1.5% monthly and 3.1% annualized which was released in August.
Here is the key factor to keep in mind today for Australian Dollar trades:
- Australian CPI: The Australian CPI for the third-quarter rose by 0.5% quarterly and 1.5% annualized. Economists predicted an increase of 0.7% quarterly and 1.7% annualized. Forex traders can compare this to the second-quarter Australian CPI which rose 0.7% quarterly and 1.5% annualized. The Australian RBA Trimmed Mean CPI for the third-quarter rose by 0.3% quarterly and 2.1% annualized. Economists predicted an increase of 0.5% quarterly and 2.4% annualized. Forex traders can compare this to the second-quarter Australian RBA Trimmed Mean CPI which rose 0.6% quarterly and 2.2% annualized. The Australian RBA Weighted Median CPI for the third-quarter rose by 0.3% quarterly and 2.2% annualized. Economists predicted an increase of 0.5% quarterly and 2.5% annualized. Forex traders can compare this to the second-quarter Australian RBA Weighted Median CPI which rose 0.5% quarterly and 2.4% annualized.
- Chinese Westpac -MNI Consumer Sentiment Index: Westpac -MNI Consumer Sentiment Index for October was reported at 109.7. Forex traders can compare this to the Westpac -MNI Consumer Sentiment Index for September which was reported at 118.2.
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