Strong Data Out of Japan and Canada as Equities Close Higher

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Forex Market 

AUD Firm, USD Softens as Canada GDP Surprises 
Markets remained relatively subdued following the Thanksgiving holiday, but risk sentiment improved slightly into the week’s close. Strong Canadian growth data weighed on the USD, pushing USD/CAD lower, while the Aussie and Kiwi both strengthened into the London fix.

General Market

Wall Street
  • Dow Jones: +0.6% → 47,716
  • S&P 500: +0.5% → 6,849
  • Nasdaq: +0.7% → 23,366
  • VIX: -5.0% → 16.35
Asia-Pacific
  • Nikkei: +0.2% → 50,254
  • Shanghai Comp: +0.3% → 3,889
  • ASX 200: Flat → 8,614 (Financials & REITs weaker)
  • Hang Seng: -0.3%
Europe
  • FTSE: +0.3% → 9,721
  • DAX: +0.3% → 23,837
  • CAC: +0.3% → 8,123
  • UK 10Y: 4.45%

Headlines to Watch 

Japan
  • Will Governor Ueda hint at a December or January rate hike?
  • Tokyo CPI remains elevated, adding pressure to the BOJ
United States
  • Can ISM improve enough to signal a 2026 recovery cycle?
  • Markets watching inventory vs new orders closely
Canada
  • Strong Q3 GDP (+2.6%) forces rethink on BoC easing path
Global/Infrastructure
  • CME confirms outage caused by data centre cooling issue (CyrusOne)
  • Any further disruptions could impact futures/liquidity

Mid-market rates

Currency PairMid-market Rate
AUD/USD0.6546
AUD/NZD1.1424
AUD/JPY102.19
AUD/CNY4.6350
AUD/EUR0.5645
AUD/GBP0.4946
AUD/HKD5.0962

 

 

 

 

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