Gold Fundamental Analysis – January 5th 2016

Gold Fundamental Analysis – January 5th 2016

Written by: PaxForex analytics dept - Tuesday, 05 January 2016 0 comments

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

  • Japanese Monetary Base End of Period and Monetary Base: The Monetary Base End of Period for December was reported at ¥356.1 trillion. Forex traders can compare this to the Monetary Base End of Period for November which was reported at ¥343.7 trillion. The Monetary Base for December was reported at 29.5%. Forex traders can compare this to the Monetary Base for November which was reported at 32.5%.
  • Japanese Loans & Discounts Corporation: The Loans & Discounts Corporation for November was reported at 2.71% annualized. Forex traders can compare this to the Loans & Discounts Corporation for October which was reported at 3.32% annualized.
  • Japanese Vehicle Sales: Vehicle Sales for December rose 3.1% annualized. Forex traders can compare this to Vehicle Sales for November which rose 0.3% annualized.
  • German Unemployment Change and Unemployment Rate: The Unemployment Change for December was reported at -14,000. Economists predicted it to show -8,000. Forex traders can compare this to the Unemployment Change for November which was reported at -14,000. The Unemployment Rate for December was reported at 6.3%. Economists predicted it at 6.3%. Forex traders can compare this to the Unemployment Rate for November which was reported at 6.3%.
  • British Construction PMI: The Construction PMI for November is predicted at -2.5% monthly. Forex traders can compare this to the Construction PMI for November which was reported at 55.3.
  • Eurozone CPI and Eurozone Core CPI: The Eurozone CPI for December was reported at 0.2% annualized. Economists predicted it at 0.4% annualized. Forex traders can compare this to the Eurozone CPI for November which was reported at 0.2% annualized. The Eurozone Core CPI for December was reported at 0.9% annualized. Economists predicted it at 1.0% annualized. Forex traders can compare this to the Eurozone Core CPI for November which was reported at 0.9% annualized.
  • Canadian Raw Material Price Index: The Raw Material Price Index for November was reported at 57.8. Economists predicted it at 56.0. Forex traders can compare this to the Raw Material Price Index for October which was reported at 0.4% monthly.

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