Here is the key factor to keep in mind today for Euro trades: Eurozone PMI: The Eurozone Composite PMI came in at 54.0 for October. Economists predicted a figure of 53.4 and forex traders can compare this to the September Eurozone Composite PMI of 53.6. The Eurozone Manufacturing PMI came in at 52.0 for October. Economists predicted a figure of 51.7 and forex traders can compare this to the September Eurozone Manufacturing PMI of 52.0. The Eurozone Services PMI came in at 54.2 for October. Economists predicted a figure of 53.5 and forex...
Here are the key factors to keep in mind today for US Dollar trades: US Initial Jobless Claims and Continuing Jobless Claims: Initial Jobless Claims for the week of October 17th are expected at 265K and Continuing Jobless Claims for the week of October 10th are expected at 2,195K. Forex traders can compare this to Initial Jobless Claims for the week of October 10th of 255K and Continuing Jobless Claims for the week of October 3rd of 2,158K US Chicago Fed National Activity Index: The Chicago Fed National Activity Index for September is...
Here are the key factors to keep in mind today for Gold trades: Australian ANZ Roy Morgan Consumer Confidence Index: The ANZ Roy Morgan Consumer Confidence Index for the week of October 18th was reported at 113.3. Forex traders can compare this to the ANZ Roy Morgan Consumer Confidence Index for the week of October 11th which was reported at 115.6. Australian RBA Minutes: The RBA released minutes from its October 6th meeting and stated that the re-balancing towards the non-mining sector are on track which warrants the unchanged interest...
Here are the key factors to keep in mind today for Euro trades: Eurozone EU 25 New Car Registrations: EU 25 New Car Registrations rose by 9.8% in September. Forex traders can compare this to the 11.2% increase in EU 25 New Car Registrations reported for August. Eurozone Trade Balance: The Eurozone Trade Balance for August was reported at a surplus of €11.2 billion and the seasonally adjusted Eurozone Trade Balance was reported at surplus of €19.8 billion. Economists predicted the Eurozone Trade Balance to be reported at a surplus of €20.0...
Here are the key factors to keep in mind today for Australian Dollar trades: Australian Employment Report: The Australian employment reported showed a net loss of 5,100 jobs in September and an unemployment rate of 6.2%. Forex traders can compare this to the job gains of 18,100 which were reported in August and an unemployment rate of 6.2%. The Australian economy lost 13,900 full-time jobs and added 8,900 part-time jobs. Forex traders can compare this to August’s report which showed the economy adding 11,000 full-time jobs and 7,100 part-...