Post Tagged with: "Construction PMI"
British Pound Outlook – August 31 – September 4 2009
After a bad week, the British Pound expects PMI and housing figures this week that will move it. Here’s an outlook for 6 key British events, and a technical analysis for GBP/USD. GBP/USD Daily forex chart with important lines inside: GBP/USD lost more than 200 pips in a bad week. One of the biggest blows
Forex Weekly Outlook – August 31 – September 4 2009
Take a deep breath. The economic calendar is packed this week. We have GDP from Canada, Australia, Switzerland and Europe. There are rate decisions from Europe and Australia. Employment data will come from Europe, Canada and the US – Non-Farm Payrolls are here. There are lots more figures from all over the globe. Also note
Forex Daily Outlook – August 4th 2009
A rate decision in Australia and American Pending Home Sales are the main events for today. There are other interesting figures for today. Let’s see what’s on the menu: Australian Retail Sales bring a strong start to the day. They’re expected to rise by 0.5%, less than last month’s 1% climb. But this is only
British Pound Outlook – August 3-7 2009
The British Pound managed to close above a critical resistance line late on Friday. Is it truly the big break? Or was it just temporary? This week features 8 major events for the Pound. Here’s an outlook for those events and a technical analysis for
Forex Weekly Outlook – August 3-7 2009
The first week when the new NFA rules are in effect is also packed with many major indicators. Rate decisions in Australia, Britain and Europe are the hottest events until Friday Non-Farm Payrolls – king of forex. There are lots more important events in the first week of August. Last week closed with GDP for
Forex Weekly Outlook – June 29 – July 3 2009
The king of forex – Non-Farm Payrolls, is published early – on Thursday. There are lots of other major figures in the start of the third quarter: ISM Manufacturing PMI, interest rate decision in Europe, Tankan Manufacturing Index in Japan and a big bulk of data from Britain. Let’s see what’s on the menu this week
Forex Daily Outlook – June 2nd 2009
The Australian interest rate decision promises a strong opening for the day. Later on, European Unemployment Rate and American Pending Home Sales will dominate the scene. Let’s see what’s up for today: Australian Building Approvals start the day. They are expected to rise by 2.1%, less than last month’s 3.5%. Current Account is predicted to show
British Housing is also Recovering
British Construction PMI was a huge surprise. Adding to previous figures, British housing is clearly off the bottom. The Pound rallied after this release. British Construction PMI jumped to 38.1 points, much much better than last month’s 30.9, and also far better than early expectations which stood on 31.9. This huge leap in Purchasing Managers
Forex Daily Outlook – May 5th 2009
Things are warming up in: Australia publishes a new interest rate, and Ben Bernanke testifies today. There are other important indicators. So what’s on the menu? Australia’s Building Approvals will be a nice warmup to the interest rate decision later on. They’re expected to rise by 2.6%, after climbing by 7.8% last time. Australian Cash Rate
Forex Weekly Outlook – May 4 – 8 2009
Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th: Both British and Japanese banks are on holiday, so trading