DAILY REPORT 29– OCTOBER – 2015
The USD rose against all currencies after the Federal Reserve decided to maintain the range of federal funds rate at 0-0.25%. The statement released revealed that the Federal Reserve officials anticipatean interest rate hike in December,after they see some further improvement in the labor market and are reasonably confident that inflation will move back to its 2% objective over the medium term. The Fed said that the US economy has been expanding at moderate pace and acknowledged that the “pace of job gains slowed”. While the Fed kept rates steady after its two-day meeting this week, investors appeared to welcome a vote of confidence in the economy from the central bank.
EUR/USD
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||
GBP/USD
| British Economic Data | ||||
| Time GMT | Event | Vol | Previous | Forecast |
| 09:30 | Net Lending To Individual (Sep) |  | 4.3 B | |
| 09:30 | Consumer Credit (Sep) | | 1.10 B | 0.86 B |
| 09:30 | Mortgage Approval (Sep) | | 72.50 K | 71.03 K |
| 09:30 | Money Supply (Sep) | | -0.4% | |
| 09:30 | Money Supply (Yearly) | | -0.1% | |
| 11:00 | CBI Industrial Trade Survey (Oct) | | 35 | 49 |
USD/JPY
| Japanese Economic Data | ||||
| Time GMT | Event | Vol | Previous | Forecast |
| 22:30 | National Consumer Price Index (Yearly) |  | 0.2% | |
| 23:30 | National Consumer Price Index (Yearly) |  | 3.4% | 3.4% |
AUD/USD
| Australian Economic Data | ||||
| Time GMT | Event | Vol | Forecast | Previous |
| 00:30 | Export Price Index (Q3) | | -4.4% | |
| 00:30 | Import Price Index (Q3) | | 1.6% | 1.4% |
GOLD
Gold prices fell yesterday to $ 1158 per ounce, after the makers of the monetary policy at the Federal Reserve decided on Wednesday to maintain the reference short-term interest rates at historic low levels.
OIL
Oil prices rose after the rise in US crude oil inventories last week valued at 3.4 million barrels, less than the expected 3.7 million barrels,vs. a previous reading of 8 million barrels.
    |  | We accept    |
Disclaimer
All market information provided in the ICM Capital Daily Market Outlook is based on several independent sources believed to be reliable and are written in good faith. This information does not represent personalised investment advice nor a solicitation for the trading of any investment or any trades. The prices and news mentioned in this outlook are absolutely no guarantee of future market performance. There are risks associated with any investment and we strongly encourage readers to supplement the information in this Market report with independent research and other professional advice before making any investment decisions.
Engaging in CFDs or Spot FX carries a high risk to your capital. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.
ICM Capital Limited is a company registered in England and Wales under registered number: 07101360. ICM Capital Limited is authorised and regulated by the Financial Conduct Authority (FCA) Register Number: 520965.
London Headquarters
Level 36, One Canada Square,
London, E14 5AB,
United Kingdom.
IMPORTANT NOTICE: The information in this email (and any attachments) is confidential. If you are not the intended recipient, you must not use or disseminate the information. If you have received this email in error, please immediately notify us by "Reply" command and permanently delete the original and any copies or printouts thereof. Although this email and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by ICM Capital or affiliates either jointly or severally, for any loss or damage arising in any way from its use.