EURGBP Fundamental Analysis – October 13th 2015

EURGBP Fundamental Analysis – October 13th 2015

Written by: PaxForex analytics dept - Tuesday, 13 October 2015 0 comments

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

  • Eurozone: The ZEW Economic Sentiment for October was reported at 30.1. Forex traders can compare this to the 33.3 which was reported in September. The ZEW Economic Sentiment out of Germany was reported at 1.9 and the ZEW Current Situation plunged to 55.2. Forex traders can compare this to September’s ZEW Economic Sentiment of 12.1 and ZEW Current Situation of 67.5. Economists predicted the ZEW Current Situation at 6.5 and the ZEW Current Situation at 64.0.

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

  • UK CPI: The CPI for September was reported at -0.1% monthly and -0.1% annualized. Economists predicted a flat level of 0.0% monthly and 0.0% annualized. Forex traders can compare this to August’s increase of 0.2% monthly and 0.0% annualized. The core CPI was reported at 1.0% annualized. Forex traders can compare this to August’s increase of 1.0%. Economists predicted an increase to 1.1%.
  • UK PPI: The PPI Input for September rose 0.6% monthly and decreased 13.3% annualized. Economists predicted an increase of 0.3% monthly and a decrease of 13.0% annualized. Forex traders can compare this to the decrease of 3.0% monthly and decrease of 14.6% annualized. The PPI Output decreased 0.1% monthly and 1.8% annualized. Economists predicted a decrease of 0.1% monthly and a decrease of 1.8% annualized. Forex traders can compare this to the decrease of 0.5% monthly and decrease of 1.9% annualized. The PPI core Output rose 0.1% monthly and 0.2% annualized. Economists predicted a flat level of 0.0% monthly and an increase of 0.2% annualized. Forex traders can compare this to the decrease of 0.1% monthly and to the increase of 0.1% annualized.
  • UK RPI: The RPI for September was reported at -0.1% monthly and 0.8% annualized. Economists predicted an increase of 0.1% monthly and 1.0% annualized. Forex traders can compare this to August’s increase of 0.5% monthly and 1.1% annualized. The RPI excluding mortgage interest payment rose 0.9% in September annualized. Economists predicted an increase of 1.1%. Forex traders can compare this to August’s increase of 1.2% annualized.
  • UK DCLG House Prices: DCLG House Prices for August rose 5.2% in August annualized. Economists predicted an increase of 5.0%. Forex traders can compare this to July’s increase of 5.2% annualized.

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