Here are the key factors to keep in mind today for Gold trades:
- Australian TD Securities Inflation: TD Securities Inflation for November rose by 0.1% monthly and by 1.8% annualized. Forex traders can compare this to TD Securities Inflation for October which was flat at 0.0% monthly and rose by 1.8% annualized.
- Japanese Industrial Production: Industrial Production for October rose by 1.4% monthly and decreased by 1.4% annualized. Economists predicted an increase of 1.8% monthly and a decrease of 0.9% annualized. Forex traders can compare this to September’s Industrial Production which rose 1.1% monthly and decreased by 0.8% annualized.
- Japanese Retail Trade Data: Retail Trade Data for October rose by 1.1% monthly and 1.8% annualized. Economists predicted an increase of 0.3% monthly and 0.9% annualized. Forex traders can compare this to September’s Retail Trade Data which rose 0.8% monthly and decreased by 0.1% annualized.
- New Zealand NBNZ Business Confidence: NBNZ Business Confidence for November was reported at 14.6. Forex traders can compare this with NBNZ Business Confidence for October which was reported at 10.5.
- Australian Private Sector Credit: Private Sector Credit for October rose by 0.7% monthly and 6.7% annualized. Economists predicted an increase of 0.6% monthly and 6.6% annualized. Forex traders can compare this to September’s Private Sector Credit which rose 0.7% monthly and by 6.6% annualized.
- Japanese Housing Starts: Housing Starts for October decreased by 2.5% annualized. Economists predicted an increase of 2.6%. Forex traders can compare this to September’s Housing Starts which rose by 2.6%.
- German Retail Trade Data: Retail Trade Data for October decreased by 0.4% monthly and rose 2.1% annualized. Economists predicted an increase of 0.4% monthly and 2.9% annualized. Forex traders can compare this to September’s Retail Trade Data which was flat at 0.0% monthly and rose by 3.5% annualized.
- Switzerland KOF Leading Indicator: The KOF Leading Indicator for November was reported at 97.9. Forex traders can compare this to the KOF Leading Indicator for October which was reported at 100.4.
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