EURGBP Fundamental Analysis – December 16th 2015

EURGBP Fundamental Analysis – December 16th 2015

Written by: PaxForex analytics dept - Wednesday, 16 December 2015 0 comments

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

  • Eurozone PMI: The Eurozone Markit Composite PMI for December was reported at 54.0. Economists predicted a figure of 54.2. Forex traders can compare this to the Eurozone Markit Composite PMI for November which was reported at 54.2. The Eurozone Markit Manufacturing PMI for December was reported at 53.1. Economists predicted a figure of 52.8. Forex traders can compare this to the Eurozone Markit Manufacturing PMI for November which was reported at 52.8. The Eurozone Markit Services PMI for December was reported at 53.9. Economists predicted a figure of 54.0. Forex traders can compare this to the Eurozone Markit Services PMI for November which was reported at 54.2. The French Markit Composite PMI for December was reported at 50.3. Economists predicted a figure of 51.0. Forex traders can compare this to the French Markit Composite PMI for November which was reported at 51.0. The French Markit Manufacturing PMI for December was reported at 51.6. Economists predicted a figure of 50.6. Forex traders can compare this to the French Markit Manufacturing PMI for November which was reported at 50.6. The French Markit Services PMI for December was reported at 50.0. Economists predicted a figure of 50.8. Forex traders can compare this to the French Markit Services PMI for November which was reported at 51.0. The German Markit Composite PMI for December was reported at 54.9. Economists predicted a figure of 55.0. Forex traders can compare this to the German Markit Composite PMI for November which was reported at 55.2. The German Markit Manufacturing PMI for December was reported at 53.0. Economists predicted a figure of 52.8. Forex traders can compare this to the German Markit Manufacturing PMI for November which was reported at 52.9. The German Markit Services PMI for December was reported at 55.4. Economists predicted a figure of 55.5. Forex traders can compare this to the German Markit Services PMI for November which was reported at 55.6.

Here is the key factor to keep in mind today for British Pound trades:

  • UK Jobless Claims, Claimant Count Rate and Employment Change: Jobless Claims for November rose by 3,900. Economists predicted an increase of 800. Forex traders can compare this October’s increase of 200. The Claimant Count Rate was reported at 2.3%. Economists predicted a rate of 2.3%. Forex traders can compare this to October’s Claimant Count Rate of 2.3%. The Employment Change for the 3M-over-3M October showed an increase of 207,000. Economists predicted and increase of 150,000. Forex traders can compare this to the Employment Change for the 3M-over-3M September which showed an increase of 177,000.

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