Here are the key factors to keep in mind today for Euro trades:
- German Factory Orders: German Factory Orders for February are predicted to increase by 0.3% monthly and by 2.2% annualized. Forex traders can compare this to German Factory Orders for January which decreased by 0.1% monthly and increased by 1.1% annualized.
- Eurozone Services PMI and Composite PMI: The Italian Markit Services PMI for March is predicted at 53.9 and the Italian Markit Composite PMI at 53.7. Forex traders can compare this to the Italian Markit Services PMI for February which was reported at 53.9 and to the Italian Markit Composite PMI which was reported at 53.7. The final French Markit Services PMI for March is predicted at 51.2 and the final French Markit Composite PMI at 51.1. Forex traders can compare this to first French Markit Services PMI for March which was reported at 51.2 and to the first French Markit Composite PMI which was reported at 51.1. The final German Markit Services PMI for March is predicted at 55.5 and the final German Markit Composite PMI at 55.5. Forex traders can compare this to first German Markit Services PMI for March which was reported at 54.1 and to the first German Markit Composite PMI which was reported at 54.1. The final Eurozone Markit Services PMI for March is predicted at 54.0 and the final Eurozone Markit Composite PMI at 54.0. Forex traders can compare this to first Eurozone Markit Services PMI for March which was reported at 53.7 and to the first Eurozone Markit Composite PMI which was reported at 53.7.
- Eurozone Retail Sales: Eurozone Retail Sales for February are predicted at 0.0% monthly to increase by 1.9% annualized. Forex traders can compare this to Eurozone Retail Sales for January which increased by 0.4% monthly and by 2.0% annualized.
Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian AiG Performance of Services Index: The Australian AiG Performance of Services Index for March was reported at 49.5. Forex traders can compare this to the Australian AiG Performance of Services Index for February which was reported at 51.8.
- Australian RBA Interest Rate Decision: The Australian RBA Interest Rate Decision is predicted to keep interest rates at 2.00%. Forex traders can compare this to the previous Australian RBA Interest Rate Decision where interest rates were left unchanged at 2.00%.
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