Finexo Forex News

USD edges stronger as Obama elected next US president. How much longer does the risk appetite honeymoon last?

US ISM Non-manufacturing number could be first ugly economic data point to remind us of the current economic woes.

FINEXO MAJOR HEADLINES – PREVIOUS SESSION

• US Weekly ABC Consumer Confidence rose to -48 vs. -50 expected and -49 the previous week
• Australia Oct. Performance of Service Industries fell to 42.1 from 44.9 in Sep.
• UK Oct. Nationwide Consumer Confidence rose to 55 vs. 47 expected and 51 in Sep.
• Australia Sep. Building Approvals -7.2% vs. -1.0% expected

THEMES TO WATCH – UPCOMING SESSION

Events Today:

• Switzerland SNB's Hildebrand to Speak (0810)
• EuroZone Final Oct. PMI Services (0900)
• UK Sep. Industrial and Manufacturing Production (0930)
• UK Oct. PMI Services (0930)
• EuroZone Sep. Retail Sales (1000)
• UK Oct. BRC Shop Price Index (1030)
• US Oct. Challenger Job Cuts (1230)
• US Oct. ISM Non-manufacturing (1500)
• US Weekly Crude Oil and Product Inventories (1535)
• New Zealand Q3 Unemployment Rate (2145)
• Japan BoJ to Publish Meeting Minutes (2350)
• UK Oct. NIESR GDP Estimate (0001)
• Australia Oct. Unemployment Rate and Change (0030)