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Economic News

  • 2018-03-06

    Economic News Highlights, March 7

    On March 7 at 00:30 GMT Australia will release data on GDP for the fourth quarter. Forecast is 0.7% after actual 0.6% in the third quarter. Rising economy may support the AUD rate.

    At 08:30 GMT the United Kingdom will release data on the House Price Index for February. Forecast is 0.2% after actual «-0.6%» in January. The forecasted or a higher reading may support the GBP.

    At 10:00 GMT data on Eurozone GDP for the fourth quarter will be released. This data release may be followed by rising volatility of the EUR currency pairs.

    At 13:00 GMT the U.S. Federal Open Market Committee (FOMC) Members Raphael Bostic and William C. Dudley are to speak. Their speeches may affect the USD rate.

    At 13:15 GMT the USA will report on ADP Nonfarm Employment Change for February. Forecast is 195 K after actual 234 K in January. A decreasing number may weaken the USD.

    At 15:00 GMT Bank of Canada will release its Interest Rate Decision. The data release may affect the CAD rate.

    At 15:30 GMT the American Petroleum Institute will report on inventory levels of US crude oil. This data release has impact on the OIL prices.

    We wish you the most successful trades!

  • 2018-03-05

    Economic News Highlights, March 6

    On March 6 at 03:30 GMT Reserve Bank of Australia (RBA) will release its Interest Rate Decision. Forecast is no changes, 1.5% annual. This data release may trigger rising volatility of the AUD currency pairs.

    At 12:30 GMT a member of the Federal Open Market Committee (FOMC) William C. Dudley is to speak. The data may affect the USD rate.

    At 15:00 GMT the USA will publish data on Factory Orders for January. Forecast is «-0.1%» after actual 1.7% in December. A decreasing reading may put additional pressure on the USD.

    At 15:00 Canada will publish data on the Purchasing Managers Index (PMI) for February. Forecast is 61 p after actual 55.2 p in January. The data has impact on the CAD.

    We wish you the most successful trades!

  • 2018-03-01

    Economic News Highlights, March 2

    On March 2 at 07:00 GMT Germany will release data on Retail Sales for January. Forecast is «-0.3%» after actual «-1.9%» in December. An increasing number is positive for the EUR.

    At 09:30 GMT the United Kingdom will publish data on the Construction Purchasing Managers Index (PMI) for February. Forecast is 50.5 p after actual 50.2 p in January. The data affects the GBP.

    At 13:30 GMT the USA will publish data on Nonfarm Payrolls for February. Forecast is 180 K after actual 200 K in January. The data has impact on the USD rate.

    At 13:30 GMT Canada will report on GDP for December and GDP Q4. Rising economy supports the CAD, and a decreasing reading weakens it.

    At 18:00 GMT the U.S. Baker Hughes Oil Rig Count weekly will be released. The data affects the OIL prices.

    We wish you the most successful trades!

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