Here are the key factors to keep in mind today for Euro trades:
- German Industrial Production: German Industrial Production for March decreased by 1.3% monthly and to increased by 0.3% annualized. Economists predicted a decrease of 0.2% monthly and an increase of 1.1% annualized. Forex traders can compare this to German Industrial Production for February which decreased by 0.7% monthly and increased by 2.0% annualized.
- German Trade Balance and Current Account Balance: The German Trade Balance for March was reported at €26.0B. Economists predicted a figure of €20.6B. Forex traders can compare this to the German Trade Balance for February which was reported at €20.2B. The German Current Account Balance for March was reported at €30.4B. Economists predicted a figure of €25.0B. Forex traders can compare this to the German Current Account Balance for February which was reported at €21.1B. German Exports for March increased by 1.9% monthly and Imports decreased by 2.3% monthly. Economists predicted a level of 0.0% monthly and a decrease of 0.3% monthly. Forex traders can compare this to Exports for February which increased by 1.3% monthly and Imports which increased by 0.1% monthly.
Here are the key factors to keep in mind today for US Dollar trades:
- US NFIB Small Business Optimism Index: The US NFIB Small Business Optimism Index for April is expected at 93.1. Forex traders can compare this to the US NFIB Small Business Optimism Index for March which was reported at 926.
- US Wholesale Inventories and Wholesale Trade Sales: US Wholesale Inventories for March are expected to increase by 0.1% monthly. Forex traders can compare this to US Wholesale Inventories for February which decreased by 0.5% monthly. US Wholesale Trade Sales for March are expected to increase by 0.5% monthly. Forex traders can compare this to US Wholesale Trade Sales for February which decreased by 0.2% monthly.
- US JOLTS Jobs Openings: US JOLTS Jobs Openings for March are expected at 5,400. Forex traders can compare this to US JOLTS Jobs Openings for February which were reported at 5,445.
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