Trading news

The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending its gains for the sixth consecutive day.

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0789 compared to the previous day's fix of 7.0779 and 7.0769 Reuters estimate.

The NZD/USD pair holds steady near the monthly high, around the 0.5730 region, during the Asian session on Friday and looks to build on its strong move up witnessed over the past week or so.

GBP/USD continues its winning streak for the seventh successive session, trading around 1.3240 during the Asian hours on Friday. The pair strengthens as the US Dollar (USD) weakens amid growing expectations of a Federal Reserve (Fed) rate cut in December.

Australia Private Sector Credit (YoY) remains unchanged at 7.3% in October

Australia Private Sector Credit (MoM) came in at 0.7%, above forecasts (0.6%) in October

Japan Large Retailer Sales increased to 5% in October from previous 3%

Ireland Consumer Confidence increased to 61 in November from previous 59.9

Japan Retail Trade s.a (MoM) increased to 1.6% in October from previous 0.3%

Japan Retail Trade (YoY) came in at 1.7%, above expectations (0.8%) in October

Japan Foreign Investment in Japan Stocks dipped from previous ¥1020.9B to ¥-348.7B in November 21

Japan Industrial Production (YoY): 1.5% (October) vs previous 3.8%

EUR/USD is flat on Thursday amid thin trading liquidity conditions as US markets are closed for Thanksgiving. Still expectations that the Federal Reserve might reduce borrowing costs keep the Greenback pressured, with the Euro poised to end the week with gains. The pair trades at 1.1596.

Japan Industrial Production (MoM) registered at 1.4% above expectations (-0.6%) in October

Japan Tokyo CPI ex Food, Energy (YoY) unchanged at 2.8% in November

Japan Unemployment Rate registered at 2.6% above expectations (2.5%) in October

Japan Tokyo Consumer Price Index (YoY) in line with forecasts (2.7%) in November

Japan Tokyo CPI ex Fresh Food (YoY) above forecasts (2.7%) in November: Actual (2.8%)

Japan Jobs / Applicants Ratio below forecasts (1.2) in October: Actual (1.18)

South Korea Service Sector Output declined to -0.6% in October from previous 1.8%