FOREX, DAILY ANALYSIS

General Market News – 6th of November 2015 – European Session

The Asian stocks declined today as investors are waiting for the US jobs data to be released within the day expecting the reaction from the Fed regarding the case of a rate hike in December. Wall street reported minor losses after mixed earnings, with investors to wait for the Nonfarm payrolls to be announced later in the day. China’s shares rose today for a third consecutive day but gains retreated as investors focused on taking their profits in blue chip companies. In a speech earlier today , Bank of Japan’s governor Kuroda pointed that despite the slowdown of Chinese economy, the policy makers are aware of the measures that need to be taken to stimulate growth and that the country is capable of taking under control the situation. The Reserve Bank of Australia released a policy report stating that the chance of easing the monetary policy is still in place....