Australian Dollar Jumps as China PMI Data Tops Expectations

The Australian Dollar jumped higher alongside the ASX 200 stocks benchmark as Caixin PMI data put Chinese manufacturing growth at a 20-month high. Via DailyFX - Market News https://ift.tt/2NYYHlE

Post-Fed AUD/USD Advance Fizzles amid Doubts Over US-China Trade Deal

AUD/USD may struggle to hold its ground ahead of the Reserve Bank of Australia (RBA) meeting on November 5 amid doubts surrounding the US-China trade deal. Via DailyFX - Market News https://ift.tt/2NYYHlE

US Dollar Price Volatility Report: Nonfarm Payrolls, ISM PMI Ahead

USD price action could face a make-or-break turn during Friday's trading session as forex traders await the highly anticipated NFP report in addition to the latest ISM Manufacturing PMI reading. Via DailyFX - Market News https://ift.tt/2NYYHlE

USD/JPY and AUD/USD Outlook Bearish as Trade War Fears Resurface

The Japanese Yen soared as trade war fears resurfaced and dismal US business activity sunk the S&P 500, emerging markets. Is USD/JPY topping? The Australian Dollar may depreciate. Via DailyFX - Market News https://ift.tt/2NYYHlE

*Australia Building Approvals +7.6% On Month, -19.0% On Year In September

Australia Building Approvals +7.6% On Month, -19.0% On Year In September

The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2145573/

Japan Industrial Output Jumps 1.4% In September

Industrial production in Japan was up a seasonally adjusted 1.4 percent on month in September, the Ministry of Economy, Trade and Industry said in Thursday's preliminary report.

That beat forecasts for an increase of 0.4 percent following the 1.2 percent decline in August.

On a yearly basis, industrial output was up 1.1 percent - again beating expectations for a decline of 0.1 percent following the 4.7 percent drop in the previous month.

Upon the release of the data, the METI kept its assessment of industrial production unchanged, saying: Industrial production is in a weak tone recently.

Industries that contributed to the increase included business oriented machinery, production machinery and electrical machinery - which offset declines among chemicals, motor vehicles and electronic parts.

Shipments were up 1.3 percent on month and 2.0 percent on year on gains from production machinery, business oriented machinery and iron and steel.

Inventories fell 1.6 percent on month but added 0.7 percent on year, weighed by declines among petroleum products, electrical machinery and chemicals.

The forecast for October's output suggests an increase of 0.6 percent, followed by a 1.2 percent drop in November.

The gain in October is fueled by production machinery, electrical machinery and communications equipment. The drop in November is caused by electrical machinery and chemicals.

The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2145572/

Japan Industrial Production Climbs 1.4% In September

Industrial output in Japan was up a seasonally adjusted 1.4 percent on month in September, the Ministry of Economy, Trade and Industry said in Thursday's preliminary report.

That beat forecasts for an increase of 0.4 percent following the 1.2 percent decline in August.

On a yearly basis, industrial output was up 1.1 percent - again beating expectations for a decline of 0.1 percent following the 4.7 percent drop in the previous month.

Upon the release of the data, the METI kept its assessment of industrial production unchanged, saying: Industrial production is in a weak tone recently.

The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2145571/