FTSE 100
FTSE 100

Forex Focus on UK Unemployment Data

[vc_row][vc_column][vc_column_text]European calendar starts with the Switzerland September producer and import prices due at 6:30GMT. The France September final CPI figures will be released at 6:45GMT. Pound traders await the UK August average weekly earnings at 8:30GMT, along with UK August ILO unemployment rate and the UK September jobless claims change, claimant count rate. Germany October ZEW survey current situation and expectations will be out at 9:00GMT.

In North America forex calendar the NY Fed Empire State Manufacturing Index due at 12:30GMT.

In our central bank calendar the BoE MPC Member Vlieghe will speak at 12:30GMT.[/vc_column_text][vc_column_text css=”.vc_custom_1565176883833{background-color: #f9f9f9 !important;}”]

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[/vc_column_text][vc_column_text]In Asian trading session, Japan Industrial Production (YoY) came in at -4.7% in line with forecasts for August. The Australian weekly consumer confidence came in at 110.9 previous reading was at 112.3.

Asian indices are trading higher today; Nikkei is 1.90% higher at 22,212, Hang Seng is 0.26% lower at 26,453. EURUSD trades 0.06% higher at 1.1032; the USDJPY is 0.06% lower at 108.33 while the AUDUSD is 0.01% lower at 0.6775.

The central bank of China set the Yuan rate (USDCNY) at 7.0708 versus yesterday settlement at 7.0725.[/vc_column_text][vc_column_text]Download our latest quarterly market outlook for our longer-term trade ideas.

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