EURGBP Fundamental Analysis – September 30th 2015

EURGBP Fundamental Analysis – September 30th 2015

Written by: PaxForex analytics dept - Wednesday, 30 September 2015 0 comments

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

  • German Retail Sales: Retail sales in Germany are expected to increase by 0.2% in August monthly and 3.3% annualized. Forex traders can compare this to July’s increase of 1.6% and 3.3%.
  • German Unemployment Change: The German Unemployment Change for September is expected to show 5,000 losses and an unemployment rate of 6.4%. Forex traders can compare this to August’s losses of 7,000 and unemployment rate of 6.4%.
  • Italian Unemployment Rate: The Italian Unemployment Rate for August is expected at 12.0%. Forex traders can compare this to July’s Italian Unemployment Rate of 12.0%.
  • Eurozone Unemployment Rate: The Eurozone Unemployment Rate for August is expected at 10.9%. Forex traders can compare this to July’s Eurozone Unemployment Rate of 10.9%.
  • Eurozone CPI: The Eurozone CPI for September is expected at 0.0% annualized and the core CPI at an increase of 0.9% annualized. Forex traders can compare this to August’s increase of 0.1% annualized for the CPI and 0.9% annualized for the core CPI.

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

  • UK Nationwide House Prices: Nationwide House Prices are expected to increase by 0.4% in September monthly and 3.8% annualized. Forex traders can compare this to August’s increase of 0.3% monthly and 3.2% annualized.
  • UK Current Account Deficit: The Current Account Deficit is expected at ₤22.0 billion for the second-quarter. Forex traders can compare this to the Current Account Deficit of ₤26.5 billion from the first-quarter.
  • UK GDP: The final GDP for the second-quarter is expected to increase by 0.7% quarterly and by 2.6% annualized. Forex traders can compare this to the previous GDP report which showed an increase of 0.7% quarterly and 2.6% annualized.

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