EURJPY Fundamental Analysis – March 8th 2015

EURJPY Fundamental Analysis – March 8th 2015

Written by: PaxForex analytics dept - Tuesday, 08 March 2016 0 comments

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

  • German Industrial Production: German Industrial Production for January is predicted to increase by 0.5% monthly and to decrease by 1.6% annualized. Forex traders can compare this to German Industrial Production for December which decreased by 1.2% monthly and by 2.2% annualized.
  • Eurozone GDP: The Eurozone GDP for the fourth-quarter is predicted to increase by 0.3% quarterly and by 1.5% annualized. Forex traders can compare this to the previous fourth-quarter Eurozone GDP which increased by 0.3% quarterly and by 1.5% annualized. Eurozone Gross Fixed Capital is predicted to increase by 0.6% quarterly. Forex traders can compare this to the previous fourth-quarter Eurozone Gross Fixed Capital which was reported at 0.0% quarterly. Eurozone Government Expenditure is predicted to increase by 0.4% quarterly. Forex traders can compare this to the previous fourth-quarter Eurozone Government Expenditure which increased by 0.6% quarterly. Eurozone Household Consumption is predicted to increase by 0.3% quarterly. Forex traders can compare this to the previous fourth-quarter Eurozone Household Consumption which increased by 0.4% quarterly.

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

  • Japanese GDP: The Japanese GDP for the fourth-quarter decreased by 0.3% quarterly and by 1.1% annualized. Forex traders can compare this to the previous fourth-quarter Japanese GDP which decreased by 0.4% quarterly and by 1.6% annualized. The Japanese Nominal GDP for the fourth-quarter decreased by 0.2% quarterly. Forex traders can compare this to the previous fourth-quarter Japanese Nominal GDP which decreased by 0.3% quarterly. The Japanese GDP Deflator for the fourth-quarter increased by 1.5% annualized. Forex traders can compare this to the previous fourth-quarter Japanese GDP Deflator which increased by 1.5% annualized. The Japanese Private Consumption for the fourth-quarter decreased by 0.9% quarterly. Forex traders can compare this to the previous fourth-quarter Japanese Private Consumption which decreased by 0.8% quarterly. The Japanese Business Spending for the fourth-quarter increased by 1.5% quarterly. Forex traders can compare this to the previous fourth-quarter Japanese Business Spending which increased by 1.4% quarterly.
  • Japanese Consumer Confidence: Japanese Consumer Confidence for February is predicted at 42.2. Forex traders can compare this to Japanese Consumer Confidence for January which was reported at 42.5.

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