Post Tagged with: "Retail Sales"
Forex Weekly Outlook – May 18-22 2009
It’s an interesting week ahead in forex: GDP figures in Britain and Japan, CPI in Britain and Canada and American Building Permits in the US are the highlights this week. Let’s see what other major indicators are due this week. Sunday, May 17th: Yup, important indicators start early, with the PPI Input in New Zealand.
The Road To Recovery is Narrow
After a few long weeks of good news from the American economy, this week’s figures have given a blow to the hopes of recovery. What does this mean for the US dollar? Non-Farm Payrolls, the single top rated indicator, was better than expected, showing a fall of “only” 539K jobs in April. This was the
Forex Daily Outlook – May 15th 2009
Busy day today at forex trading: European GDP, American CPI and TIC Long-Term Purchases are the highlights. But there’s lots more… At 6:00 GMT, German Prelim GDP is expected to plunge by 3% in the first quarter of 2009. Similar dives have been seen in other economies in the world, and Europe’s biggest economy isn’t different. 45
Forex Daily Outlook – May 14th 2009
Thursday has less indicators than Wednesday and Friday, but there still are important figures, such as American Unemployment Claims and PPI. Let’s see what’s up: Swiss PPI is expected to turn positive, and rise by 0.6%. At the same time, SNB Governing Board Member Thomas Jordan will speak. He has moved the markets before. It may
Forex Daily Outlook – May 13th 2009
American Retail Sales will draw attention today, as well as British unemployment figures. And there’s more. Let’s see what’s on the menu: Japan’s BOJ Governor Masaaki Shirakawa will speak during the day. We haven’t heard from him lately. Does he see hope? Britian’s Claimant Count Change is the best indicator for unemployment in the UK. It’s expected
Hangover from Friday Effect – What’s next for the Greenback?
After Friday’s late dollar selling, the markets have allowed the dollar to breath. Will the dollar recover or has the fall stopped temporarily? On Friday, Non Farm Payrolls were better than expected. "Only" 539K jobs were lost in April, contrary to early expectations that were at -615K and later improved to 590K. The good figure
Forex Weekly Outlook – May 11 – 15 2009
The upcoming week in forex trading provides important indicators throughout the week. Note the Trade Balance on Tuesday, British employment figures and American Retail Sales on Wednesday, and a big Friday with German GDP, American CPI and more. Let’s dive into the major events this week: Monday, May 11th: The week starts slowly in forex trading.
Forex Daily Outlook – May 4th 2009
Forex trading starts slowly this week, with holidays in Britain and Japan. Yet, Pending Home Sales will draw much attention. Let’s see what’s up at the start of the new week: Australia starts the week with the monthly ANZ Job Advertisements. Australian housing is expected to be left unchanged, with quarterly HPI at 0%. In Europe, German
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
Forex Daily Outlook – April 27th 2009
Forex trading begins slowly this week, with a few indicators and some news affecting the markets. Let’s see what’s up. Trading will be affected by the optimistic G7 Meetings. Finance ministers expressed a notion that “the worst is behind us”. This could ignite risk appetite, which will send the dollar down. Read more about how