Intra-day Market Moving News and Views
09 Nov 2015 01:02GMT
USD/JPY - ........ The greenback rallied to as high as 123.27 at New York midday on Friday after the release of an upbeat U.S. jobs report increased speculation that the Fed will raise its rates in December this year. Dlr opened higher to 123.36 in New Zealand n continued to trade with a firm undertone in Tokyo morning.
Since there is no major eco. data due today, traders in Asia and Europe are likely to trade the buck on Friday's jobs report. Bids are seen at 122.90/00 and more below at 122.70/80 with stops building up below there whilst initial offers are noted at 123.50/60, suggesting upside bias would be seen.
Data to be released next week:
Germany imports, exports, trade balance, EU Sentix index, Canada housing starts and U.S. employment trends on Monday.
Japan current account, economy watcher poll, Australia housing finance, invest housing finance, business condition, business confidence, China CPI, PPI, Swiss unemployment rate, France industrial output, Italy industrial output, U.S. business optimism, export prices, import prices, Redbook, wholesale inventories and wholesale sale on Tuesday.
China urban investment, industrial output, retail sales, U.K. average earning, claimant count unemployment change, unemployment rate, mortgage market index and mortgage market refinance index on Wednesday.
New Zealand manufacturing PMI, Japan corp goods price, machinery orders, U.K. housing survey, Australia employment, unemployment rate, Germany CPI final, HICP final, France CPI, current account, inflation ex-tobacco, EU industrial production, Canada new housing price index and U.S. Federal budget on Thursday.
Japan capacity untilisation index change, industrial output, France GDP preliminary, non-farm payrolls, Germany GDP flash, Swiss producer import price, Italy GDP Prelim, consumer prices, CPI, EU Eurostat trade, GDP flash, U.S. retail sales ex-auto, retail sales ex-gas/auto, retail sales and business inventories on Friday.
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