Trading news

A Recovery in the Australian Economy





The euro was steady against the US dollar after the release of positive data from both sides.Markit Manufacturing PMI in Europe rose during October to 52.3,while the US Construction Spending Index increased during September to 0.6% and ISM Prices Paid index rose during October to 39.

European Economic Data
Time GMT Event Vol Forecast Previous
10:00  ECB President Mario Draghi Speech    
American Economic Data
Time GMT Event Vol Forecast Previous
13:55 Redbook Index (Yearly)   1.5%
14:45 Redbook Index (Oct 30)   0%
12:30 ISM New York Index(Oct)   44.5
15:00 Factory Orders (Sep) -0.9%


15:00 Economic Optimism (Nov) 47.5 47.3
21:00 Total Vehicle Sales 17.7M 18.2M




The pound fell against the US dollar despite the rise of the British Markit Manufacturing PMI in October to 55.5, as the positive data released from the US economy weighed down on the pound towards the end of the day.

British Economic Data
Time GMT Event Vol Previous Forecast
09:30 PMI Construction (Oct)   58.8 59.9









The US dollar rose against the Japanese yen after a series of positive economic data released from the US side;Markit Manufacturing PMI Index rose in October to 54.1. From Japan, the Nomura Manager’s Index for manufacturing purchases rose to 52.4.


Japanese Economic Data
Time GMT Event Vol Previous Forecast
23:50 Monetary Base (Oct)     35.1%









The Australian dollar traded higher against the US dollar supported by positive data that showed a higher-than-expected rise in Building Permit Index in September.

Australian Economic Data
Time GMT Event Vol Forecast Previous
03:30 Interest Rate Decision   2% 2%









Gold prices fell after the positive data released from the US economy. Construction Spending Index increased during September to 0.6%, while ISM Prices Paid Index rose during October to 39 and Markit Manufacturing PMI Index rose in October to 54.1.



Oil prices traded neutral after the mixed data released regarding the industrial sector in China, the US and Europe.


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Tuesday, 03 Nov, 2015 / 12:32

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