Here is the key factor to keep in mind today for Euro trades: Eurozone CPI: Inflation data out of the Eurozone will continue to play a key role as ECB President Draghi is rumored to either adjust or increase the current stimulus in place by the European central bank. Economists predict the final October CPI to increase by 0.1% monthly and to remain flat at 0.0% annualized. Forex traders can compare this to the previous October CPI which increased by 0.2% monthly and remained flat at 0.0% annualized. Economists predict the core CPI for...
Here are the key factors to keep in mind today for US Dollar trades: US Retail Sales: Retail Sales are predicted to increase 0.3% in October. Forex traders can compare this to September Retail Sales which increased 0.1%. Retail Sales Less Autos are predicted to increase 0.4% in October. Forex traders can compare this to September Retail Sales Less Autos which decreased 0.3%. Retail Sales Less Autos and Gas are predicted to increase 0.4% in October. Forex traders can compare this to September Retail Sales Less Autos and Gas which were flat...
Here are the key factors to keep in mind today for Gold trades: Australian Westpac Consumer Confidence Index: The Westpac Consumer Confidence Index rose by 3.9% in November and reached a level of 101.7. Forex traders can compare this to the October Westpac Consumer Confidence Index which rose by 4.2% to 97.8. Japanese Money Supply: Japan Money Stock M2+CD for October rose 3.6% annualized and Japan Money Stock M3 rose 2.9%. Economists predicted an increase in Japan Money Stock M2+CD of 3.8% and in Japan Money Stock M3 of 3.1%. Forex traders...
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 September is predicted at a €20.0 billion surplus. Forex traders can compare this to the August German Trade Balance of a €15.4 billion surplus. Exports are predicted to increase by 2.0% monthly and imports are expected to increase by 1.0% monthly. Forex traders can compare this August where exports decreased by 5.2% monthly and imports decreased by 3.2% monthly. The German Current Account...
Here are the key factors to keep in mind today for US Dollar trades: US NFP: The US NFP report for October is predicted to show 184,000 jobs which were added for the month. Forex traders can compare this to the NFP report of September which showed 142,000 jobs were added. The unemployment rate is predicted to show a level of 5.0% and the labor force participation rate is predicted to show a level of 62.4%. Forex traders can compare this to September were the unemployment rate was 5.1% and the labor force participation rate was at 62.4....