Page 49 of 53 FirstFirst ... 394748495051 ... LastLast
Results 481 to 490 of 523
  1. #481
    Master Member Bogdan G's Avatar
    That's crazy!
    98K jobs change and US Dollar still goes up. Well, price goes where price goes!

    This week I look forward to the release of the British Consumer Price Index (CPI), which is their main gauge of inflation and may trigger a rate hike if it continues to increase. The indicator shows changes in the price paid by consumers for a sample basket of goods and services and usually a higher value strengthens the Pound. The operative word is always "usually"
    The release is scheduled Tuesday April 11 at 8:30 am GMT and the expected change is 2.2% (previous 2.3%)
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  2. #482
    Master Member Bogdan G's Avatar
    Friday April 14 the indicator with the same name but for the United States is released. The time is 12:30 pm GMT and the forecast is a 0.0% change (previous 0.1%). Pay attention to the CORE CPI, released at the same time and expected to show a 0.2% change (same as previous); this version excludes food and energy from calculation because they are considered too volatile. Sometimes this version has a higher impact.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  3. #483
    Legendry Member willyw's Avatar
    Thanks, Bogdan

  4. #484
    Master Member Bogdan G's Avatar
    Cheers, Willy
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  5. #485
    Master Member Bogdan G's Avatar
    So guys, it's Easter Week and the markets will definitely feel different, with irregular price action and alternating periods of high and low volatility. Also, economic indicators are scarce this week but worth noting is the release of the New Zealand Consumer Price Index (CPI), scheduled Wednesday April 19 at 10:45 pm GMT - expected change 0.8% - and the Canadian CPI, scheduled Friday April 21 at 12:30 pm GMT - expected change 0.4%.

    These are main gauges of inflation for the respective economies, which usually strengthen the currency if they post higher numbers than the forecast.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  6. #486
    Master Member Bogdan G's Avatar
    Another indicator worth noting will affect the Pound: the British Retail Sales, scheduled Friday April 21 at 8:30 am GMT and expected to show a change of -0.3% from the previous 1.4%. More sales at retail levels means that economic activity has increased, as well as consumer spending and this usually strengthens the currency. If the actual number comes out close to analysts' expectations, the impact will probably be mild.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  7. #487
    Master Member Bogdan G's Avatar
    Thursday April 27 at 11:45 am GMT the European Central Bank will meet to announce their interest rate decision. There's no change expected (currently 0.00%) but the event usually generates volatility nonetheless. Later at 12:30 pm GMT, ECB President Mario Draghi will hold a press conference, discussing the rate decision and answering live questions. Usually this part of the press conference (the questions) creates the strongest volatility but often traders across the globe interpret Draghi's words differently and this triggers mixed reaction. Be careful if trading during the conference.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  8. #488
    Master Member Bogdan G's Avatar
    Friday April 28 at 12:30 pm GMT the US Dollar will be influenced by the release of the US Advance version of the Gross Domestic Product. Higher numbers for this indicator usually trigger USD strength and the Advance version is the most important out of the three (Advance, Preliminary and Final).
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  9. #489
    Legendry Member Michael Hodges's Avatar
    Looks like the LePen loss is going to be not-so-much a market mover, but a great weight taken off the market so that earnings/economics fundamentals can do their thing.... and lift the market. Futures up big right now, looking like it could be a good week.

  10. #490
    Master Member Bogdan G's Avatar
    The US Dollar is in the spotlight this week again. Wednesday May 3 at 12:30 pm GMT the Fed will announce the interest rate and the FOMC will release the Rate Statement. The rate is not expected to change from the current <1.00% but the Statement, which usually contains details of the reasons that influenced the rate decision, may contain hints about the future pace of rate hikes. If this is the case, then we will probably see strong movement on all US Dollar pairs.
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3