Here are the key factors to keep in mind today for Gold trades:
- Australian TD Securities Inflation: TD Securities Inflation for October was reported at 0.0% monthly and 1.8% annualized. Forex traders can compare this to TD Securities Inflation in September which rose 0.3% monthly and 1.9% annualized.
- Australian Building Approvals: Building Approvals for September rose 2.2% monthly and 21.4% annualized. Economists predicted an increase of 1.0% monthly and 24.1% annualized. Forex traders can compare this to Building Approvals for August which decreased 9.5% monthly and rose 4.7% annualized.
- Japanese Nikkei Manufacturing PMI: The Nikkei Manufacturing PMI for October was reported at 52.4. Forex traders can compare this to the preceding report for the October Nikkei Manufacturing PMI which was reported at 52.5
- Chinese Caixin Manufacturing PMI: The Caixin Manufacturing PMI for October was reported at 48.3. Economists predicted the index at 47.6. Forex traders can compare this to the Caixin Manufacturing PMI in September which was reported at 47.2.
- Japanese Vehicle Sales: Vehicle Sales for October were reported at an increase of 0.2% annualized. Forex traders can compare this to September Vehicle Sales which decreased by 3.0% annualized.
- Australia Commodity Index and RBA Commodity Index SDR: The Commodity Index for October was reported at 79.4 and the RBA Commodity Index SDR decreased by 19.8% annualized. Forex traders can compare this to the September Commodity Index which was reported at 81.7 and the RBA Commodity Index SDR which decreased by 21.0%.
- Swiss Retail Sales: Retail Sales for September rose by 0.2% annualized. Forex traders can compare this to August Retail Sales which decreased by 0.6% annualized. Swiss SVME PMI: The SVME PMI for October was reported at 50.7. Economists predicted the index at 50.1. Forex traders can compare this to the September SVME PMI which was reported at 49.5.
Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.
