Gold Fundamental Analysis – November 30th 2015

Gold Fundamental Analysis – November 30th 2015

Written by: PaxForex analytics dept - Monday, 30 November 2015 0 comments

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.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.