Today we expect the release of the data on non-farming payrolls data and unemployment rates from the US. Recall that the latest data on unemployment has shown that at the moment rates are at record lows near the indicators of 2001 and have a positive impact on the economy.
In Australia today is released the PPI (producer price index) for the fourth quarter, which has shown significant growth and exceeded the projected figure at 1.7% year on year, compared to the projected 1.2%. This index takes into account the industry production, processing, and the commodity sector. This index is a leading indicator of inflation and because the data was positive, it would support the Australian dollar.
For the fifth day in a row the European Stoxx Europe 600 index continues to fall and is in its longest streak since November last year. Since the beginning of the Asian session the euro has suspended growth and is currently trading near the 1.2480 mark against the US dollar.
Throughout the week cryptocurrencies dropped and updated yearly lows, as investors' attention is on regulators and their proposals to ban anonymous and free treatment. The Bitcoin course for 2018 has been updated; it's current value is 8.300, the capitalization declined and currently stands at 141.58 billion dollars.
