Important Risk Disclosure Daily FX Focus 27/12/217 Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless and you may not get back the amount originally invested. Past performance contained in this document is not a reliable indicator of future performance. Currency conversion risk the value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to that foreign currency and RMB, you may suffer loss in principal. Currency Current Trend AUD vs USD.7572 /.788 The market was quiet during Christmas. AUDUSD traded within the range of.771.7729. The upcoming release will be Australia's October Building Approvals. Germany's consumer confidence index was higher than expected in January. EURUSD EUR vs USD 1.1749 / 1.1934 traded within the range of 1.1845 1.1878. The upcoming release will be France December Markit Manufacturing PMI final value. UK 3Q YoY GDP rose 1.7% was higher than expected, but no significant impact on GBP GBP vs USD 1.3275 / 1.3494 performance. GBPUSD traded within the range of 1.3345 1.3389. The upcoming release will be UK's December House Price Index. NZD CAD Support / Resistance vs USD.6891 /.7113 NZDUSD traded within the range of.78.742. The upcoming release will be New Zealand's November Building Permits. vs USD 1.266 / 1.2844 Market commentary WTI oil price hits USD6 dollars per barrel for the first time since June 215. USDCAD once dropped to 1.2682 levels. The upcoming release will be Canada's December Markit Manufacturing PMI. Tokyo YoY CPI Ex fresh food rose.8% in December, higher than expected. USDJPY once JPY vs USD 112.24 / 113.97 dropped to 113.11 levels. The upcoming release will be Japan's November Industrial Production figure revised value. * Current Trend observations pertain to historical trend technical analysis only and do not reflect any forward looking fundamental views. The signal is generated with the the 2 days moving average as the main determining factor. A secondary reference, the 5 day moving average, can be used if needed. Consolidation, indicates that the currency's movement against USD has remained sideways Up Trend, indicates that the currency has been moving higher against the base currency Down Trend, indicates that the currency has been moving lower against the base currency AUD RBA kept its interest rates unchanged at 1.5% in the December meeting, in line with expectations. The market was quiet during Christmas. AUDUSD traded within the range of.771.7729. The upcoming release will be Australia's October Building Approvals. 27 Dec.773 Daily change:.23% (+) Australia Q3 GDP rose 2.8% YoY, higher than an increase of 1.9% in previous quarter High.7734 (+) Australia Q3 CPI rose.6% YoY, higher than an increase of.2% in previous quarter Low.7498 (~) Australia November unemployment rate arrived at 5.4%, same as pervious month Support*.7572 ( ) Australia November Commodity Price Index arrived at 3.3%, lower than 1.9% in previous month Resistance*.788.85.8.75.7 AUD/USD 6 month Chart AUD/USD 1 day moving average 2 day moving average.65 9 AUD/USD 6 month 7 day RSI 6 3
27/12/217 EUR ECB kept its interest rate unchanged in December as expected, and said the interest rate will maintain its current level for a considerable period of time. Germany's consumer confidence index was higher than expected in January. EURUSD traded within the range of 1.1845 1.1878. The upcoming release will be France December Markit Manufacturing PMI final value. 27 Dec 1.186 Daily change:.1% (+) Germany Q3 GDP rose.8% QoQ, higher than an increase of.6% in previous quarter High 1.191 (+) Eurozone November CPI rose 1.5% YoY, higher than an increase of 1.4% in previous month Low 1.1716 (+) Germany December manufacturing PMI arrived at 63.3, higher than 62.5 in previous month Support* 1.1749 ( ) Germany December Business Climate arrived at 117.2, lower than 117.6 in previous month Resistance* 1.1934 1.2 EUR/USD 6 month Chart EUR/USD 1 day moving average 2 day moving average 1.15 1.1 1.5 1..95.9 9 EUR/USD 6 month 7 day RSI 6 3 GBP BoE kept its interest rate unchanged in December as expected. UK 3Q YoY GDP rose 1.7% was higher than expected, but no significant impact on GBP performance. GBPUSD traded within the range of 1.3345 1.3389. The upcoming release will be UK's December House Price Index. 27 Dec 1.337 Daily change:.11% ( ) UK Q3 GDP final value rose 1.7% YoY, lower than an increase of 1.9% in previous quarter's preliminary value High 1.3519 (+) UK November CPI rose.3% YoY, higher than an increase of.1% in previous month Low 1.33 (~) UK ILO October's 3Mths unemployment rate was at 4.3%, same as pervious month Support* 1.3275 (~) UK November Nationwide House Prices All Houses rose 2.5% YoY, same as pervious month Resistance* 1.3494 1.4 GBP/USD 6 month Chart GBP/USD 1 day moving average 2 day moving average 1.35 1.3 1.25 1.2 1.15 1.1 9 GBP/USD 6 month 7 day RSI 6 3
27/12/217 NZD RBNZ kept interest rates unchanged in November, but raised inflation forecasts. NZDUSD traded within the range of.78.742. The upcoming release will be New Zealand's November Building Permits. 27 Dec.74 ( ) New Zealand Q3 GDP rose 2.7% YoY, lower than an increase of 2.8% in previous quarter Daily change:.32% (+) New Zealand Q3 CPI rose 1.9% YoY, higher than an increase of 1.7% in previous quarter High.742 (+) New Zealand Q3 unemployment rate arrived at 4.6%, lower than 4.8% in previous quarter Low.682 Support*.6891 ( ) New Zealand November Commodity Price Index arrived at.9%, dropped more than.3% in previous Resistance*.7113 month.8.75.7.65 NZD/USD 6 month Chart NZD/USD 1 day moving average 2 day moving average.6 9 NZD/USD 6 month 7 day RSI 6 3 JPY Bank of Japan maintained its monetary policy in December unchanged, in line with market expectations. Tokyo YoY CPI Ex fresh food rose.8% in December, higher than expected. USDJPY once dropped to 113.11 levels. The upcoming release will be Japan's November Industrial Production figure revised value. 27 Dec 113.22 Daily change:.12% (+) Japan Q3 GDP rose 2.1% YoY, higher than an increase of 1.6% in previous quarter High 113.74 (+) Japan November CPI nationwide ex fresh food rose.6% YoY, higher than an increase of.2% in previous month Low 112.1 (+) Japan December manufacturing PMI arrived at 54.2, higher than 53.6 in previous month Support* 112.24 (~) Japan October Industrial Production rose.5% MoM, same as pervious month Resistance* 113.97 125. 115. 15. USD/JPY 6 month Chart USD/JPY 1 day moving average 2 day moving average 95. 9 USD/JPY 6 month 7 day RSI 6 3
27/12/217 CAD Bank of Canada kept interest rates unchanged at 1% in the December meeting as expected, but emphasized it would continue to cautiously adjust its monetary policy. WTI oil price hits USD6 dollars per barrel for the first time since June 215. USDCAD once dropped to 1.2682 levels. The upcoming release will be Canada's December Markit Manufacturing PMI. ` 27 Dec 1.269 (+) Canada October GDP rose 3.4% YoY, higher than an increase of 3.3% in previous month Daily change:.38% (+) Canada November CPI rose 2.1% YoY, higher than an increase of 1.4% in previous month High 1.2918 (+) Canada November unemployment rate arrived at 5.9%, lower than 6.3% in previous month Low 1.268 Support* 1.266 (+) Canada November Manufacturing PMI arrived at 54.4, higher than 54.3 in previous month Resistance* 1.2844 1.5 1.4 1.3 1.2 USD/CAD 6 month Chart USD/CAD 1 day moving average 2 day moving average 1.1 9 USD/CAD 6 month 7 day RSI 6 3
Important Economic Data Release Daily FX Focus 27/12/217 Analysts Previous Actual
27/12/217 Current Prior Date Current Prior Date FED Fund 1.5 1.25 Canada (BOC) 1..75 Europe (ECB).. Japan (BOJ).1.1 UK (BOE).5.5 Malaysia 3. 3. Australia (RBA) 1.5 1.5 Taiwan 1.38 1.38 New Zealand (RBNZ) 1.75 1.75 Indonesia 6.5 6.5 Please take note that the primary sources of all the charts are from Reuters dated 27 Dec 217 before 9: am This document is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment or subscribe for, or to participate in, any services. The information contained in this document has not been reviewed in the light of your personal financial circumstances. You should carefully consider whether any investment views and investment products are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. Whilst every care has been taken in preparing this document, the Bank makes no guarantee, representation or warranty to its accuracy, timeliness or completeness. The Bank is not responsible for any loss, damages or other consequences of any kind that you may incur or suffer as a result of or in relation to your use of or reliance on this document. The contents of this document are subject to change without notice. Some of the information in this document is derived from third party sources as specified at the relevant places where such information is set out. The Bank believes such information to be reliable but it has not independently verified. You SHOULD NOT reproduce or further distribute the contents of this document to any person or entity, whether in whole or in part, for any purpose. Issued by HSBC Bank (China) Company Limited