FUNDAMENTAL ANALYSIS- 10/11/21

Client Portal
Subscribe

Email Address*

Password*

Email Address*

Password*

Email Address*

Password*

ASIC Regulated Environment

We are an established Australian based and operated company (AFSL 246796) since 2004

Competitive Spreads

Trading with high spreads? Try our most competitive spreads in the industry.

Invaluable Research and Educational Tools

We have a wide range of free resources for every valued client

FUNDAMENTAL ANALYSIS- 10/11/21

TONIGHT

German CPI will be the focus of European trade
U.S. data tonight sees:
- CPI (expected +0.6%)
- Initial Claims (expected 257k)

We are expecting another quiet session in overnight trade tonight, with professionals winding trades down ahead of the end of the year.

Focus in Europe will be on German CPI, while Bundesbank President Weidmann is also slated to hit the tapes. Anything he says about inflation will be carefully eyed.

U.S. traders will be watching to see how the stock market backs up after the overnight breaking of the recent new high close run.

We are seeing continued buying of safe haven assets (JPY, CHF an USD) into the Asian close, this should continue for the near-term. As Newton said, objects will continue to move in the same manner unless acted upon by an outside force.