Gold Fundamental Analysis – April 1st 2016

Gold Fundamental Analysis – April 1st 2016

Written by: PaxForex analytics dept - Friday, 01 April 2016 0 comments

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

  • Australian AiG Performance of Manufacturing Index: The Australian AiG Performance of Manufacturing Index for March was reported at 58.1. Forex traders can compare this to the Australian AiG Performance of Manufacturing Index for February which was reported at 53.5.
  • Japanese Tankan Survey: The Tankan Large Manufacturers Index for the first-quarter was reported at 6. Forex traders can compare this to the Tankan Large Manufacturers Index for the fourth-quarter which was reported at 12. The Tankan Large Manufacturers Outlook for the first-quarter was reported at 3. Forex traders can compare this to the Tankan Large Manufacturers Outlook for the fourth-quarter which was reported at 7. The Tankan Large Non-Manufacturers Index for the first-quarter was reported at 22. Forex traders can compare this to the Tankan Large Non-Manufacturers Index for the fourth-quarter which was reported at 25. The Tankan Large Non-Manufacturers Outlook for the first-quarter was reported at 17. Forex traders can compare this to the Tankan Large Non-Manufacturers Outlook for the fourth-quarter which was reported at 18. The Tankan Small Manufacturers Index for the first-quarter was reported at -4. Forex traders can compare this to the Tankan Small Manufacturers Index for the fourth-quarter which was reported at 0. The Tankan Small Manufacturers Outlook for the first-quarter was reported at -6. Forex traders can compare this to the Tankan Small Manufacturers Outlook for the fourth-quarter which was reported at -4. The Tankan Small Non-Manufacturers Index for the first-quarter was reported at 4. Forex traders can compare this to the Tankan Small Non-Manufacturers Index for the fourth-quarter which was reported at 5. The Tankan Small Non-Manufacturers Outlook for the first-quarter was reported at -3. Forex traders can compare this to the Tankan Small Non-Manufacturers Outlook for the fourth-quarter which was reported at 0.
  • US NFP: The US NFP for March is predicted to show 205K Jobs created and the Unemployment Rate at 4.9%. Forex traders can compare this to the US NFP for February which showed 242K Jobs created and the Unemployment Rate at 4.9%. Average Hourly Earnings for March are predicted to increase by 0.2% monthly and by 2.2% annualized. Forex traders can compare this to Average Hourly Earnings for for February which decreased by 0.1% monthly and increased by 2.2% annualized. The Average Hourly Work-Week for March is predicted at 34.5 hours. Forex traders can compare this to the Average Hourly Work-Week for February which was reported at 34.4 hours.

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