EURAUD Fundamental Analysis – October 5th 2015

EURAUD Fundamental Analysis – October 5th 2015

Written by: PaxForex analytics dept - Monday, 05 October 2015 0 comments

Here are the key factors to keep in mind today for Euro trades:

  • Eurozone PMI: Today’s Eurozone Composite PMI is expected to come in at 53.9 and the Eurozone Services PMI is expected to come in at 54.0. This is the final figure for September. Forex traders can compare this to the prior report which showed the Eurozone Composite PMI at 53.9 and the Eurozone Services PMI at 54.0. The Italian Composite PMI is expected at 55.0 and the Italian Services PMI is expected at 54.1. Forex traders can compare this to the prior report which showed the Italian Composite PMI at 55.0 and the Italian Services PMI at 54.6. The French Composite PMI is expected at 51.4 and the French Services PMI is expected at 51.2. Forex traders can compare this to the prior report which showed the French Composite PMI at 51.4 and the French Services PMI at 51.2. The German Composite PMI is expected at 54.3 and the German Services PMI is expected at 54.3. Forex traders can compare this to the prior report which showed the German Composite PMI at 54.3 and the German Services PMI at 54.3.
  • Eurozone Sentix Investor Confidence: Eurozone Sentix Investor Confidence is expected to come in at 11.8 in October. Forex traders can compare this to the 13.6 which was reported in September.
  • Eurozone Retail Sales: Retail sales in the Eurozone are expected at 0.0% in August monthly and at an increase of 1.7% annualized. Forex traders can compare this to the 0.4% increase in July monthly and 2.7% annualized.

Here is the key factor to keep in mind today for Australian Dollar trades:

  • Australian AiG Services PMI: The AiG Services PMI was reported at 52.3 in September. Forex traders can compare this to the 55.6 which was reported in August.
  • Australian TD Securities Inflation: Australian TD Securities Inflation rose 0.3% in September monthly and 1.9% annualized. Forex traders can compare this to the 0.1% increase reported in August monthly and the 1.7% increase annualized.
  • Australian Job Advertisements: Australian Job Advertisements rose by 3.9% in September monthly. Forex traders can compare this to the increase of 1.3% which was reported in August monthly.

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