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  • 2017-11-01

    Economic News Highlights, November 2

    On November 2 at 08:55 GMT Germany will report on the Manufacturing Purchasing Managers Index (PMI) for October. Forecast is 60.6 p after actual 60.5 p in September. The data affects the EUR.

    At 09:00 GMT Germany will release data on Unemployment Change and the Unemployment Rate for October. Better labor market indicators support the EUR.

    At 09:00 GMT data on Eurozone Manufacturing Purchasing Managers Index (PMI) for October will be released. Forecast is 58.2 p after actual 58.6 p in September. An increasing number supports the EUR, and a decreasing number weakens it.

    At 09:30 GMT the United Kingdom will release data on the Construction Purchasing Managers Index (PMI) for October. The data affects the GBP rate.

    At 12:00 GMT Bank of England will release data on its Interest Rate Decision. The number is expected to increase from 0.25% to 0.5%, and it can support the GBP rate.

    We wish you the most successful trades!

  • 2017-10-31

    Economic News Highlights, November 1

    On November 1 at 08:30 GMT Switzerland will release data on the Purchasing Managers Index (PMI) for October. The data affects the CHF rate.

    At 09:30 GMT the United Kingdom will release data on the Manufacturing Purchasing Managers Index (PMI) for October. A decreasing number weakens the GBP, and an increasing number supports it.

    At 12:15 GMT the USA will report on ADP Nonfarm Employment Change. Situation on the labor market affects the USD rate.

    At 14:00 GMT the USA will report on the ISM Manufacturing Purchasing Managers Index (PMI) for October. Forecast is 59 p after actual 60.8 p in September. The forecasted reading can weaken the USD.

    At 18:00 GMT the U. S. Federal Reserve will release its Interest Rate Decision. This data can be followed by rising volatility of the USD currency pairs.

    We wish you the most successful trades!

  • 2017-10-30

    Economic News Highlights, October 31

    On October 31 at 06:30 GMT the Bank of Japan Press Conference will be held. This event can cause rising volatility of the JPY currency pairs.

    At 10:00 GMT Eurozone major statistics will be released:

    • Consumer Price Index for October
    • GDP Q3

    This data release can affect the EUR.

    At 12:30 GMT Canada will release data on GDP for August. Rising economy supports the CAD, and a decreasing reading weakens it.

    At 14:00 GMT the USA will release data on Consumer Confidence for October. Forecast is 120.3 p after actual 119.8 p in September. Higher than expected number is favorable for the USD.

    At 21:45 GMT New Zealand will report on the Employment Change for the third quarter. Forecast is 0.7% after actual 0.2% in the second quarter. An increasing reading can support the NZD.

    We wish you the most successful trades!

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