Japan`s business, production and export sectors remain low

Japan`s business, production and export sectors remain low

By: Simon Furman | Where To Trade | On:Monay, November 21, 2016
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Where to Trade - Developments in Japanese export, business and production sectors remains sluggish. The JPY/USD pair had a closing of 110.90 in the previous session.
China: Yuan heads lower as Industrials disappoint expectations for expansion. USD/CNY had a previous close at 6.895.
Euro remains under pressure as German Prelim GDP figures dissappoint. 
S&P 500 heads higher and Trump's economic policies increase optimism. The S&P 500 had a closing of 13.35.
The kiwi dollar pair should expect low volatility during the release of NZD Credit Card Spending's figures.
The NZD Credit Card Spending will be announced at 3:00GTM.
The NZD/USD pair had previously closed at 0.7006.
The euro dollar pair  should expect high volatility as ECB President Mario Draghi speaks at 17:00 GTM. The EUR/USD had a previous close at 1.0589.
USD/CAD should expect medium volatility as CAD WHolesale Sales will be released at 14:30GTM The Loonie Dollar pair had closed at 1.3504 in the prevoius session. 

Video Summary:

  • Europe: Euro remains under pressure as German Prelim GDP figures dissappoint
  • China: Yuan heads lower as Industrials disappoint expectations for expansion
  • Japan: Developments in Japanese export, business and production sectors remains sluggish
  • New Zealand: The NZD Credit Card Spending will be announced at 3:00GTM
Simon Furman

Simon Furman

Think Global - Act Local

Simon Furman is one of the best financial analyst with 27 years of trading experience

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