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FUNDAMENTAL ANALYSIS- 25/11/21

Overnight pre-open

  • General mood is “risk off”
  • Australian Private Capital Expenditure -2.2% q/q – no impact
  • Dollar consolidating overnight movements

What’s Moving
Markets are deathly quiet in Asia today, with most traders already pre-positioned ahead of the Thanksgiving Holiday in the U.S. Broadly, the Dollar consolidated its overnight moves in Asia today with no range extensions seen.
Data tonight sees little more than Germa GDP, which could have some Euro impact if its considerably different to the +1.8% expected.

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