Here are the key factors to keep in mind today for Gold trades:
- New Zealand ANZ Activity Outlook and NBNZ Business Confidence: The ANZ Activity Outlook for December was reported at 34.4. Forex traders can compare this to November’s ANZ Activity Outlook which was reported at 32.0. The NBNZ Business Confidence for December was reported at 23.0. Forex traders can compare this to November’s NBNZ Business Confidence which was reported at 14.6.
- Chinese MNI Business Indicator: The MNI Business Indicator for December was reported at 52.7. Forex traders can compare this to November’s MNI Business Indicator which was reported at 49.9.
- Japanese Nationwide Department Store Sales and Tokyo Department Store Sales: Nationwide Department Store Sales for November decreased 2.7% annualized. Forex traders can compare this to October’s Nationwide Department Store Sales rose 4.2% annualized. Tokyo Department Store Sales for November rose 0.2% annualized. Forex traders can compare this to October’s Tokyo Department Store Sales rose 7.4% annualized.
- Eurozone Current Account Surplus: The Current Account Surplus for October was reported at €25.9 billion. Forex traders can compare this to September’s Current Account Surplus which was reported at €33.8 billion.
- Canadian Wholesale Sales: Wholesale Sales for October are predicted to increase 0.1% monthly.Forex traders can compare this to September’s Wholesale Sales which decreased 0.1%.
- Canadian CPI: The CPI for November is predicted to increase by 0.1% monthly and 1.5% annualized. Forex traders can compare this to October’s CPI which increased 0.1% monthly and 1.0% annualized. The core CPI for November is predicted flat at 0.0% monthly and to increase by 2.3% annualized. Forex traders can compare this to October’s CPI which increased 0.3% monthly and 2.1% annualized.
- US Markit Composite PMI and Markit Services PMI: The Markit Composite PMI for December is predicted at 55.9. Forex traders can compare this to November’s Markit Composite PMI which was reported at 55.9. The Markit Services PMI for December is predicted at 55.9. Forex traders can compare this to November’s Markit Composite PMI which was reported at 56.1.
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