Here are the key factors to keep in mind today for US Dollar trades: US NFP Report: The US NFP Report for November is predicted to show 198K job additions and an unemployment rate of 3.7%. Forex traders can compare this to the US NFP Report for October which showed 250K job additions and an unemployment rate of 3.7%. Private Payrolls for November are predicted to show 200K job additions and Manufacturing Payrolls 19K job additions. Forex traders can compare this to Private Payrolls for October which showed 246K job additions and...
Here is the key factor to keep in mind today for Euro trades: German Factory Orders: German Factory Orders for October increased by 0.3% monthly and decreased by 2.0% annualized. Economists predicted a decrease of 0.4% monthly and of 3.1% annualized. Forex traders can compare this to German Factory Orders for September which increased by 0.3% monthly and decreased by 2.2% annualized. Here are the key factors to keep in mind today for US Dollar trades: US ADP Employment Change: The US ADP Employment Change for November is predicted at...
The traders’ attention on the first Friday of the last month of the outgoing year will be directed to a fresh package of fundamental US data on the labor market. NonFarm Payrolls Last data: 250K Consensus forecast: 200K We expect that in November, the volume of employment in the US non-farm sector will again show strong data - about 200 thousand new jobs. The US stock market even slowly but comes to life and the fundamental data on the growth of various spheres of the American economy indicate a very strong and, most importantly, stable...
Here are the key factors to keep in mind today for Euro trades: Italian Services PMI and Composite PMI: The Italian Markit Services PMI for November is predicted at 49.3. Forex traders can compare this to the Italian Markit Services PMI for October which was reported at 49.2. The Italian Markit Composite PMI for November is predicted at 49.1. Forex traders can compare this to the Italian Markit Composite PMI for August which was reported at 49.3. French Services PMI and Composite PMI: The Final French Markit Services PMI for November is...
Here are the key factors to keep in mind today for British Pound trades: UK BRC Like-for-Like Sales: UK BRC Like-for-Like Sales for November decreased by 0.5% annualized. Economists predicted an increase of 0.3% annualized. Forex traders can compare this to UK BRC Like-for-Like Sales for October which increased by 0.1% annualized. UK Markit/CIPS Construction PMI: The UK Markit/CIPS Construction PMI for November is predicted at 52.5. Forex traders can compare this to the UK Markit/CIPS Construction PMI for October which was reported at 53.2...
