Market News by FXB Trading

[raniya]

EUR/USD
Industrial Production. Eurozone, 12:00 (GMT+2)

The Industrial Production publication is due at 12:00 (GMT+2) in EU. The YoY index is expected to fall to 3.2% in November from 3.7% in the previous month. The YoY index is expected to grow to 0.8% in November from 0.2% in the previous month. Data on industrial production represents changes in industrial output and are considered as one of the major indicators of the state of the economy. A high reading strengthens the EUR. A low reading weakens the EUR.

[raniya]

AUD/USD
Employment Change s.a. Australia, 02:30 (GMT+2)
The Employment Change s.a. release is due at 02:30 (GMT+2) in Australia. The index is expected to fall to 9K in December from 61.6K in the previous month. It is a measure of the change in the number of employed people in Australia. A high reading is seen as positive for the AUD, while a low reading is seen as negative.

 

[raniya]

EUR/USD
Producer Price Index. Germany, 09:00 (GMT+2)

German Producer Price Index is due at 09:00 (GMT+2). The indicator is expected to grow to 0.2% on a monthly basis in December from 0.1% a month earlier. On the year-on-year basis, the indicator is expected to drop to 2.3% in December from 2.5% a month earlier. The index shows the dynamics of prices on the markets of raw materials on the wholesale scale. The growth of the indicator leads to the strengthening of EUR, and fall weakens it.