Actualités Forex

German Factory Orders Fall Sharply In November

German factory orders declined notably in November due to the sharp decrease in orders for transport equipment, suggesting that the manufacturing sector remains deep in recession. New orders registered a monthly fall of 5.4 percent in November, Destatis reported Wednesday. The pace of decline deepened from 1.5 percent in October and was worse than economists' forecast of 0.3 percent drop.
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Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as a slowing Core CPI renewed hopes of a rate cut by the Reserve Bank of Australia in February.
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European Economic News Preview: Germany Factory Orders Data Due

European Economic News Preview: Germany Factory Orders Data Due

Factory orders and retail sales from Germany and economic sentiment from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders and retail sales for November. Economists forecast factory orders to fall 0.3 percent on month, slower than the 1.5 percent decrease in October.
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Australia Inflation Rises In November

Australia Inflation Rises In November

Australia's consumer price inflation accelerated in November largely due to the timing of electricity rebate, the Australian Bureau of Statistics said on Wednesday. Headline inflation rose to 2.3 percent in November from 2.1 percent in October. Inflation was slightly above economists' forecast of 2.2 percent. However, annual trimmed mean inflation eased to 3.2 percent from 3.5 percent.
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Thai Stocks Likely To Remain Rangebound

Thai Stocks Likely To Remain Rangebound

The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,390-point plateau although it may not be able to hold those gains.
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