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Economic News

  • 2018-02-07

    Economic News Highlights, February 8

    On February 8 at 07:00 GMT Germany will report on the Trade Balance for December. Forecast is 20.9 B after actual 22.3 B in November. The data may affect the EUR.

    At 12:00 GMT Bank of England will release data on its Interest Rate Decision and QE Total. This data release may heavily affect the GBP.

    At 13:13 Canada will release data on Housing Starts for January. An increasing reading may support the CAD.

    We wish you the most successful trades!

  • 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!

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