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Economic News

  • 2018-02-06

    Economic News Highlights, February 7

    On February 7 at 07:00 GMT Germany will publish data on Industrial Production for December. Forecast is 1.8% after actual 3.4% in November, and it can weaken the EUR rate.

    At 08:30 GMT the United Kingdom will report on the House Price Index for January. Expanding real estate market may support the GBP rate.

    At 13:30 GMT Canada will report on Building Permits for December. The data may affect the CAD.

    At 20:00 GMT the Reserve Bank of New Zealand will release its Interest Rate Decision. This data release may be followed by rising volatility of the NZD currency pairs.

    We wish you the most successful trades!

  • 2018-02-05

    Economic News Highlights, February 6

    On February 6 at 03:30 GMT the Reserve Bank of Australia (RBA) will release its Interest Rate Decision, and this data release has impact on the AUD quotes.

    At 07:00 GMT Germany will report on Factory Orders for December. Forecast is 0.5% after actual «-0.4%». An increasing number may support the EUR.

    At 13:30 GMT the USA will report on the Trade Balance for December. Forecast is «-51.7» B after actual «-50.5» B in November. An increasing negative reading may put additional pressure on the USD.

    At 13:30 GMT Canada will release data on the Trade Balance for December. The data affects the CAD rate.

    At 15:00 GMT the USA will publish data on Job Openings for December. An increasing employment rate is favorable for the USD.

    At 15:00 GMT Canada will publish data on the Ivey Purchasing Managers' Index (PMI) for January. An increasing reading may support the CAD, and a decreasing reading may weaken it.

    At 21:45 GMT New Zealand will report on Employment Change for the fourth quarter of 2017. Forecast is 0.8% after actual 2.2% in the third quarter. A decreasing number may put additional pressure on the NZD.

    We wish you the most successful trades!

  • 2018-02-01

    Economic News Highlights, February 2

    On February 2 at 09:30 GMT the United Kingdom will report on the Construction Purchasing Managers Index (PMI) for January. The data may affect the GBP rate.

    At 13:30 GMT the USA will release the labor market data for January:

    • Nonfarm Payrolls
    • Unemployment Rate

    This data release may be followed by rising volatility of the USD currency pairs.

    At 15:00 GMT the USA will report on Michigan Consumer Expectations and the Michigan Consumer Sentiment Index for January. The data affects the USD.

    We wish you the most successful trades!

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