OctaFX | OctaFX Forex Broker
Open trading account
Back

Germany’s preliminary Nov CPI worth watching – Westpac

FXStreet (Barcelona) - The Westpac team highlights the calendar events today and state that the OPEC meeting and Germany’s preliminary Nov CPI as the most noticeable.

Key Quotes

“In Europe we see Germany’s Nov unemployment data, expected to be about flat on jobless total, the unemployment rate steady at 6.7%.”

“Germany’s preliminary Nov CPI is also worth watching, expected to slip to 0.6% y/y from 0.8% y/y. This comes ahead of the important Eurozone CPI Friday.“

“The OPEC meeting takes place in Vienna (press conference 4pm local time), with crude oil price action suggesting diminishing expectations for a supply cut. US markets are closed for Thanksgiving and trade shortened hours on Friday.”

US consumers lower long-term inflation expectations in November – Nomura

Research Analysts at Nomura note that consumer’s short- and long-term inflation expectations moved in different directions at the end of November.
Read more Previous

NZD/USD completes its downward correction - Westpac

According to David Coloretti, CMT, Technical Strategist for Westpac, NZD/USD seems to have completed its downward correction and is targeting above 0.80 levels.
Read more Next
Start livechat