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The day ahead - Rabobank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Analysts at Rabobank noted the key events ahead.

    Key Quotes:

    "Q3 Japanese GDP was revised up to show growth of 1.0% not a contraction of -0.8% (what great statisticians they have), and Aussie NAB business confidence edged up.

    Later we will see UK industrial production, and the next estimate of Q3 Eurozone GDP along with US NFIB small business confidence and China’s trade numbers.

    The latter will be of most importance following the further drop in FX reserves yesterday, which underline that downward pressure on CNY continues from a fundamental perspective. That’s another nasty historical parallel: when the UK finally let GBP “go” in 1931, the old political order in Europe went with it."
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