Here are the key factors to keep in mind today for Euro trades: German Retail Sales: German Retail Sales for December decreased by 4.3% monthly and by 2.1% annualized. Economists predicted a decrease of 0.5% monthly and an increase of 1.5% annualized. Forex traders can compare this to German Retail Sales for November which increased by 1.6% monthly and by 1.1% annualized. German Unemployment Change and German Unemployment Rate: The German Unemployment Change for January is predicted at -10K and the German Unemployment Rate at 5.0%. Forex...
Tomorrow, on the first day of February, traders' attention will be directed to a fresh package of American fundamental data on the labor market. NonFarm Payrolls Last data: 312K Consensus forecast: 165K The average market outlook for employment is 165 thousand after 312 thousand in the last month, although we tend to believe that the numbers may be around 150 thousand. This is not bad for the American economy, since it means the fact that employers continue to actively fight for good personnel, which, in turn, can spur salary growth...
Here are the key factors to keep in mind today for Euro trades: French GDP: The Advanced French GDP for the fourth-quarter increased by 0.3% quarterly and by 0.9% annualized. Economists predicted an increase of 0.2% quarterly and of 0.9% annualized. Forex traders can compare this to the third-quarter GDP which increased by 0.3% quarterly and by 1.3% annualized. German Import Price Index: The German Import Price Index for December decreased by 1.3% monthly and increased by 1.6% annualized. Economists predicted a decrease of 0.8% monthly and...
Here is the key factor to keep in mind today for New Zealand Dollar trades: New Zealand Trade Balance: The New Zealand Trade Balance for December was reported at NZ$264M monthly and at -NZ$5,858M 12-month year-to-date. Economists predicted a figure of NZ$150M and of -NZ$5,812M. Forex traders can compare this to the New Zealand Trade Balance for November which was reported at -NZ$861M monthly and at -NZ$5,423M 12-month year-to-date. Exports for December were reported at NZ$5.48B and Imports were reported at NZ$5.22B. Economists predicted a...
Here are the key factors to keep in mind today for US Dollar trades: US Chicago Fed National Activity Index: The US Chicago Fed National Activity Index for December is predicted at 0.20. Forex traders can compare this to the US Chicago Fed National Activity Index for November which was reported at 0.22. US Dallas Fed Manufacturing Index: The US Dallas Fed Manufacturing Index for January is predicted at -2.7. Forex traders can compare this to the US Dallas Fed Manufacturing Index for December which was reported at -5.1. Here is the key...
