The monthly circus of Non-Farm Payrolls is with us today: expectations got better (-590K), and I believe that it’ll be even better than this. There are a few other important economic figures. Let’s dive in: Australian RBA Monetary Policy Statement will start the day. After the impressing employment data in Australia, the decision to leave interest rates intact can be easily explained…. Swiss Unemployment Rate is expected to rise from 3.3% to 3.4%. In Europe, German Trade Balance is predicted to show a squeezing surplus. German Industrial Production is also on the squeeze, expected to fall by 1.3%, after falling 2.9% last time. In Britain, PPI Input is predicted to rise by 0.7%, less than last time. Britain currently doesn’t suffer from deflation. Canadian Employment Change is predicted to show that 48.5K jobs were lost. Also Unemployment Rate will support these bad news, rising from 8% to 8.3%. Another interesting figure in Canada is Housing Starts: they are expected to decline to 140K. Non-Farm Payrolls are expected to fall by 590K. The consensus about Non-Farm Employment Change has improved during the week: earlier expectations stood on a fall of 615K. Last time they, American jobs fell by 663K. Here are 8 reasons why Non-Farm Payrolls should be better. US Unemployment Rate is expected to rise from 8.5% to 8.9%. If NFP is better than expected, this figure may also surprise. Also in the US, Average Hourly Earnings are expected to rise by 0.2%. Wholesale Inventories are predicted to fall by 1.1%. In the evening, note that two FOMC member will speak: Jeffrey Lacker and Charles Evans. Happy Forex Trading! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Daily Look share Read Next Forex Data for the Weekend – May 9 2010 Yohay Elam 12 years The monthly circus of Non-Farm Payrolls is with us today: expectations got better (-590K), and I believe that it'll be even better than this. There are a few other important economic figures. Let's dive in: Australian RBA Monetary Policy Statement will start the day. After the impressing employment data in Australia, the decision to leave interest rates intact can be easily explained.... Swiss Unemployment Rate is expected to rise from 3.3% to 3.4%. In Europe, German Trade Balance is predicted to show a squeezing surplus. German Industrial Production is also on the squeeze, expected to fall by 1.3%, after falling… Top 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.
