Here are the key factors to keep in mind today for Euro trades: German ZEW Survey and Eurozone ZEW Survey: The German ZEW Survey Current Situation Index for September is predicted at 72.0 and the German ZEW Survey Economic Expectations Index at -14.0. Forex traders can compare this to the German ZEW Survey Current Situation Index for August which was reported at 72.6 and to the German ZEW Survey Economic Expectations Index which was reported at -13.7. The Eurozone ZEW Survey Economic Sentiment Index for September is predicted at -10.9....
Here are the key factors to keep in mind today for British Pound trades: UK Trade Balance: The UK Visible Trade Balance for July is predicted at -£11.740B. Forex traders can compare this to the UK Visible Trade Balance for June which was reported at -£11.383B. The UK Trade Balance Non EU for July is predicted at -£3.300B. Forex traders can compare this to the UK Trade Balance Non EU for June which was reported at -£2.940B. The UK Total Trade Balance for July is predicted at -£2.100B. Forex traders can compare this to the UK Total Trade...
Here are the key factors to keep in mind today for Euro trades: German Trade Balance & German Current Account Balance: The German Trade Balance for July was reported at a €16.5B. Economists predicted a figure of €19.5B. Forex traders can compare this to German Trade Balance for June which was reported at €21.8B. Exports decreased by 0.9% monthly and Imports increased by 2.8% monthly. Economists predicted an increase of 0.3% monthly and of 0.1% monthly. Forex traders can compare this to Exports for June which increased by 0.1% monthly...
Today traders expect a fresh package of American fundamental data on the labor market. NonFarm Payrolls Last data: 157K Consensus forecast: 191K Last month’s release on NFP was, to the surprise of many, a little disappointing and unexpected. Nevertheless, such "blotches" are quite possible and they do not talk about the general weakening of the US economy. We expect the US economy to add about 191,000 new jobs in August, compared to the previous figure of 157,000. The American job market is on solid footing, with the national...
Here are the key factors to keep in mind today for US Dollar trades: US ADP Employment Change: The US ADP Employment Change for August is predicted at 190K. Forex traders can compare this to the US ADP Employment Change for July which was reported at 219K. US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of September 1st are predicted at 213K and US Continuing Claims for the week of August 25th are predicted at 1,718K. Forex traders can compare this to US Initial Jobless Claims for the week of August...