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rokasltu predicted bullish impact of HSBC Manufacturing PMI (Nov) in the Fundamental analysis Contest

Manufacturing PMI recently comes in figure not far from 50. Thus think this time result will be similar and as AUD is quite low presently I see more room for upside than downside.

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rokasltu predicted bullish impact of German Manufacturing PMI (Nov) in the Fundamental analysis Contest

PMI forecast in comparison with previous result is quite pessimistic. Job market is stable and even improving thus I do not think that PMI result will be so worse than previous result and it I think will be above 50. Thus bullish vote.

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rokasltu predicted bearish impact of Manufacturing PMI (Nov) in the Fundamental analysis Contest

In my opinion GBP is on defensive and as I do not ecpect very good result bearish outcome is more likely.

Citugas liked a forecast in Fundamental analysis Contest

rokasltu predicted bullish impact of ISM Manufacturing PMI in the Fundamental analysis Contest

USD/JPY is heading towards 120. This result might be one more kick for upside towards mentioned target.

Citugas liked a forecast in Fundamental analysis Contest

rokasltu predicted bearish impact of Interest Rate Decision (Dec) in the Fundamental analysis Contest

I think it is almost clear that RBA will hold rates. Thus accompanying statement I think will be determiner of possible AUD direction. Provided that AUD is struggling to sustain break 0,85 I think this statement could be trigger for doing so.

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rokasltu predicted bullish impact of Construction PMI (Nov) in the Fundamental analysis Contest

Results from UK recently comes in quite good figures. Thus I think construction will not be exception as it is related with other economic activities and GBP will gain.

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rokasltu predicted bearish impact of Construction Spending (MoM) in the Fundamental analysis Contest

CAD shows recovery signs and I think this trend will continue

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rokasltu predicted bearish impact of Gross Domestic Product (YoY) in the Fundamental analysis Contest

In my opinion forecast is too optimistic. As economic activities in China biggest trading partner somewhere slows it might influence Australian GDP negatively.

Citugas liked a forecast in Fundamental analysis Contest

rokasltu predicted bullish impact of Non-Manufacturing PMI (Nov) in the Fundamental analysis Contest

NZD might recover as it is at direction determination stage presently and data might be treated positively.

Citugas liked a forecast in Fundamental analysis Contest

rokasltu predicted bearish impact of Markit Services PMI in the Fundamental analysis Contest

In my opinion forecast is too optimistic. Taking into account UK worsening construction PMI it might influence EZ services PMI as well and in any case it is doubtful that might be such big increase as forecast. Thus bearish vote.