Market Reviews from FXCC – Daily reviews of all the news from the world of Currencies and Forex Precious Metals
Economic events scheduled for today 14:00:00 EUR Consumer Confidence The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) […]
Market Review April 19 2012 Read More »
Economic events scheduled for today 08:30:00 GBP Average Earnings including Bonus 1.30% 1.40% The Average Earning Including Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the UK economy. Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is
Market Review April 18 2012 Read More »
Economic events scheduled for today 09:30 GBP CPI (YoY) 3.4% The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. 10:00 EUR CPI (YoY) 2.6% – 2.6% The Consumer
Market Review April 17 2012 Read More »
Economic events scheduled for today 08:15 CHF PPI (MoM) 0.5% – 0.8% The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. 13:30 USD Core Retail Sales (MoM) 0.6% – 0.9% Core
Market Review April 16 2012 Read More »
Economic events scheduled for today 03:00 – CNY – Chinese Fixed Asset Investment Chinese Fixed Asset Investment measures the change in the total spending on non-rural capital investments such as factories, roads, power grids, and property. 03:00 – CNY – Chinese GDP (YoY) Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all
Market Review April 13 2012 Read More »
Economic events scheduled for today 02:30 | AUD | Employment Change | 6.0K -15.4K 02:30 | AUD | Unemployment Rate | 5.3% 5.2% Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending. The Unemployment Rate measures the percentage of the total work force that
Market Review April 12 2012 Read More »
Economic events scheduled for today 02:30 | AUD Home Loans (MoM) | -3.5% -1.2% Home Loans record the change in the number of new loans granted for owner-occupied homes. It is a leading indicator of demand in the housing market. 13:15 | CAD Housing Starts | 200K 201K Housing starts measures the change in
Market Review April 11 2012 Read More »
Euro Dollar USD – U.S. Federal Reserve Beige Book, the Fed’s official assessment on economic conditions in the 12 Federal Reserve districts. Released exactly two weeks before the Fed’s next monetary policy meeting on April 24-25, the Beige Book report should confirm the signs of consistent improvement in the U.S. economy, lessening the likelihood of
Market Review April 10 2012 Read More »
Euro Dollar The EUR will enter a renewed weakening phase as sizeable debt refinancing activity and alarming structural unemployment limits the euro zone’s ability to transition to a sustainable growth path following this year’s expected recession. Meanwhile, the GBP offer a relatively positive outlook. The European “firewall”, though somewhat disappointing, has received agreement from major
Market Review April 9 2012 Read More »
Remember April 6, 2012 is a holiday and most markets are closed. The US will release the Non Farms Payroll report on Friday. Many markets are closed on Monday also. Trading volume will be light today and on Monday. Euro Dollar USD- U.S. Non-Farm Payrolls and Employment Situation, the main indicator of U.S. economic health
Market Review April 6 2012 Read More »
