Inauguration Day today as President Elect Trump will become President Trump. His first official speech as President of the United States will take place in Washington at 14:00 GMT Overnight we saw Retails Sales figures and Gross Domestic Product figures out of China along with Industrial Production and Urban Investment figures. In Australia there were the HIA New Home Sales figures for December, which were up 6.1% on the previous months’ figures. AUDUSD trading at 0.7558 at time of writing.
In Europe this session the German Producer Price Index for December got the session underway. Also this session we will take a look at Britain’s Retail Sales figures for December. As mentioned earlier the US will be focused on Washington DC. Canada will publish Consumer Price Index data for December and retail Sales figures for November. USDCAD trading at 1.3303 at time of writing. GOLD trading at $1205 per ounce while USOIL was trading at $51.24 per barrel at time of writing.
This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the of NSFX at the time of preparation. They are subject to change without notice. NSFX believes that the information contained herein is accurate as of the of publication. However, NSFX offers no warranty of accuracy, and no liability with respect to any errors or omissions, including any third party liability, is accepted by NSFX or any director, officer or employee.