Unemployment Claims in the US and ECB Press Conference in Europe are only some of the exciting news. .Let’s see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to reduce by 1K. important since consumer spending is highly correlated with labor-market conditions. Later in the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions. Purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy. More in the US, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota, due to speak about the labor market and monetary policy at the State University Winter Institute, in St. Cloud. Audience questions expected. Finally in the US, Revised Nonfarm Productivity is due to remain 2.6%. Productivity and labor-related inflation are directly linked. For more on USD/CAD, read the Canadian dollar forecast. In Europe, European Central Bank (ECB) Press Conference, the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy. More in Europe, Minimum Bid Rate, Interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system is about to remain 1%. Traders look at most other indicators merely to predict how rates will change in the future. Finally in Europe, Retail Sales is about to rise by 1%/ primary gauge of consumer spending, which accounts for the majority of overall economic activity. For more on the Euro, read the EUR/USD forecast. In Great Britain, Services Purchasing Managers’ Index (PMI); Survey of purchasing managers to rate the relative level of business conditions including, indicates industry expansion with 54 points, Read more about the Pound in the GBP/USD forecast. That’s it for today. Happy forex trading! Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next EUR/USD Mar. 3 – Hesitant on High Ground Yohay Elam 12 years Unemployment Claims in the US and ECB Press Conference in Europe are only some of the exciting news. .Let's see what awaits us today. In the US, Unemployment Claims, individuals who filed for unemployment insurance for the first time during the past week; is about to reduce by 1K. important since consumer spending is highly correlated with labor-market conditions. Later in the US, The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI); Survey of about 400 purchasing managers to rate the relative level of business conditions. Purchasing managers hold perhaps the most current and relevant insight into the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
