Market Updates 17/12/2018

ASX is set to follow US & Europe with SPI currently down 32 points at 5580. In the closing markets, Dow Jones closed down 2%, S & P down 1.9% & Nasdaq down 2.3%. In Europe, FTSE closed down 0.5%, CAC down 0.9% & DAX down 0.5%.

Economic data from China and ongoing Brexit has caused market frustration. Shares on Wall Street plummeted to an 8 month low with Dow confirming a correction and as signs emerged of a bear market in key sectors.

AUDUSD also felt the market sentiment and was sold off 0.7% trading at $0.7176 cents. Gold also fell closing down 0.3% at $US 1238.45. Brent Oil closed down 1.9% at US 60.28 a barrel while Iron Ore was in demand closing up 4.6% at US$70.74 a tonne.

The market is expecting the US Federal Reserve to lift rate by 0.25% from 2.25% to 2.50% on Thursday. In Australia, employment numbers are due out on Thursday with market expecting 20,000 jobs created in the month of November and unemployment rate unchanged at 5%.

Please contact one of our specialists for further information & trading opportunities.



No Major Data


GBP – CPI y/y


CAD – CPI m/m

USD – FOMC Economic Projections, FOMC Statement, Federal Fund Rate & FOMC Press Release

NZD – GDP q/q

AUD – Employment Change & Unemployment Rate

JPY – BOJ Policy Rate & Monetary Policy Statement

GBP – Retail Sales m/m, MPC Official Rate Votes & Monetary Policy Summary


GBP – Current Account

CAD – Core Retail Sales m/m, GDP m/m

USD – Core Durable Goods Orders m/m, Final GDP q/q

CAD – BOC Business Outlook Survey



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Posted in 外汇新闻.