Here is the key factor to keep in mind today for Australian Dollar trades:
- Australian Westpac Consumer Confidence Index: The Australian Westpac Consumer Confidence Index for April decreased by 4.0% to 95.1. Forex traders can compare this to the Australian Westpac Consumer Confidence Index for March which decreased by 2.2% to 99.1.
- Chinese Trade Balance: The Chinese Trade Balance for March was reported at $29.86B. Economists predicted a figure of $34.95B. Forex Traders can compare this to the Chinese Trade Balance for February which was reported at $32.59B. Chinese Exports increased by 11.5% annualized and Chinese Imports decreased by 13.8% annualized. Economists predicted an increase of 10.0% and a decrease of 10.1%. Forex traders can compare this to Chinese Exports for February which decreased by 25.4% annualized and Imports which decreased by 13.8% annualized.
Here are the key factors to keep in mind today for US Dollar trades:
- US Advanced Retail Sales: US Advanced Retail Sales for March are expected to increase by 0.1% monthly. Forex traders can compare this to US Advanced Retail Sales for February which decreased by 0.1% monthly. US Advanced Retail Sales Less Autos for March are expected to increase by 0.4% monthly. Forex traders can compare this to US Advanced Retail Sales Less Autos for February which decreased by 0.1% monthly. US Advanced Retail Sales Excluding Auto and Gas for March are expected to increase by 0.3% monthly. Forex traders can compare this to US Advanced Retail Sales Excluding Auto and Gas for February which increased by 0.3% monthly. US Advanced Retail Sales Control Group for March are expected to increase by 0.3% monthly. Forex traders can compare this to US Advanced Retail Sales Control Group for February which were flat at 0.0% monthly.
- US PPI and Core PPI: The US PPI for March is expected to increase by 0.3% monthly and to increase by 0.3% annualized. Forex traders can compare this to the US PPI for February which decreased by 0.2% monthly and was flat at 0.0% annualized. The US Core PPI for March is expected to increase by 0.1% monthly and by 1.3% annualized. Forex traders can compare this to the US Core PPI for February which was flat at 0.0% monthly and increased by 1.2% annualized.
- US Business Inventories: US Business Inventories for February are expected to decrease by 0.1% monthly. Forex traders can compare this to US Business Inventories for January which increased by 0.1% monthly.
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