Trading news

Switzerland Real Retail Sales (YoY) registered at 2.3%, below expectations (2.9%) in November

Here is what you need to know on Monday, January 5:

Turkey Consumer Price Index (MoM) came in at 0.89% below forecasts (0.98%) in December

Turkey Consumer Price Index (YoY) came in at 30.89%, below expectations (31%) in December

The USD/CAD pair edges higher to near 1.3770 during the early European session on Monday. Nonetheless, a rise in crude oil prices following the United States’ (US) capture of Venezuelan President Nicolas Maduro could lift the commodity-linked Loonie against the US Dollar (USD). 

The NZD/USD pair attracts some sellers to around 0.5755 during the early European session on Monday. The US Dollar (USD) edges higher against the New Zealand Dollar (NZD) on the global flight to safety, bolstered by rising geopolitical tensions.

Netherlands, The Retail Sales (YoY): 3.9% (November) vs 3.1%

Netherlands, The Retail Sales (YoY) up to 3.3% in November from previous 3.1%

The Indian Rupee (INR) slides to a fresh almost two-week low against the US Dollar (USD) at the open on Monday.

Netherlands, The Retail Sales (YoY) fell from previous 3.1% to 1.9% in November

West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% lower to near $57.00 in the late Asian trade on Monday.

AUD/JPY remains in the positive territory, trading around 104.90 during the Asian hours on Monday. The currency cross remains stronger as the Japanese Yen (JPY) faces pressure amid fiscal concerns over Prime Minister Sanae Takaichi’s large-scale spending plans to spur growth.

The EUR/GBP cross loses traction to near 0.8700 during the early European session on Monday. The cross edges lower amid rising geopolitical tensions in Ukraine and a cautious tone surrounding the Bank of England’s (BoE) policy outlook.

The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday.

Singapore Retail Sales (YoY) up to 6.3% in November from previous 4.5%

Singapore Retail Sales (MoM) fell from previous 2.3% to 0% in November

Gold (XAU/USD) gains strong positive traction at the start of a new week and climbs further beyond the $4,400 mark during the Asian session amid the global flight to safety.

Indonesia Core Inflation (YoY) rose from previous 2.36% to 2.38% in December

GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday.

Gold prices rose in India on Monday, according to data compiled by FXStreet.