Market News

Turkey CBRT expectation survey will be published today.

In Turkey, GDP growth (YoY) for Q1 was just announced to 5.0% while expectation was at 2.8 %. It surprised market and the USDTRY currency dropped to the 3.5170 support level.  An other important releases is CBRT expectation survey today in Turkey. End year inflation expectation was...

12 Jun 17 (Mon)

07:38 am

Canada Unemployment Rate ( May )

Actual:  6.6% Forecast: 6.6% Previous: 6.5%

09 Jun 17 (Fri)

12:30 pm

U.K. Manufacturing Production (MoM) April

Actual:  0.2 % Forecast: 0.9 % Previous: - 0.6 %

09 Jun 17 (Fri)

08:31 am

Headlines The Economic Calendar on Friday

After General Election, Manufacturing Production to be announced today in U.K.which is expected to rise at 0.9 % in April compared to a month ago. Canada Unemployment Rate will be another release to be followed closely today and is expected to rise slightly from 6.5% to 6.6% in May...

09 Jun 17 (Fri)

07:18 am

U.K General Election 2017

The Conservative Party has won the most seats however Teresa May have failed to win an overall majority. With more than 600 seats now declared, the Tories are projected to get 316 seats, Labour 265, the SNP 34 and the Lib Dems 13. A party needs 326 seats to have an overall majority. The latest fo...

09 Jun 17 (Fri)

06:40 am

We just watch ECB President Mario Draghi Speech

ECB left main refinancing rate unchanged at 0.00 % and kept asset purchases of €60 bln until December 2017. Mario Draghi; Favorable financing conditions help investment Information confirms a stroger economy sees growth risks balanced ECB see...

08 Jun 17 (Thu)

01:55 pm

ECB Interest Rate Decision June

ECB holds bechmark interest rate at 0.00 % as expected in June. However, we will watch ECB President Mario Draghi who will speak in 45 minutes in the Press Conference. It might show us some fluctuation in EURUSD pair.

08 Jun 17 (Thu)

11:45 am

Eurozone GDP (QoQ) Q1

Actual: 0.6 % Forecast: 0.5% Previous: 0.5%

08 Jun 17 (Thu)

09:00 am

U.K.General Election and ECB Monetary Policy Announcement in Major Market Agenda today

Data agenda is quite heavy today in Europe. General Election 2017 in U.K.  Parliamentary elections in UK to be held on today will be the main item in major markets agenda. The UK prime minister’s votes according to polls over the opposition Labour party has fallen from...

08 Jun 17 (Thu)

06:13 am

U.S. Crude Oil Stocks

Actual:  3.29 M Forecast: -3.46 M Previous: -6.42 M

07 Jun 17 (Wed)

02:33 pm

GDP growth in Japan will be announced in the Asian Session

Final estimate of GDP growth in Japan will be announced in the Asian Session. Market consensus is a rise to 0.6% q-o-q growth in 1Q17 from previous release of 0.5% growth. A better than expected realization may support Yen. 

07 Jun 17 (Wed)

01:26 pm

The ECB said to cut Inflation Outlook to around 1.5% through 2019

The EURUSD has showed a downward move sharply intraday as a report surfaced that the European Central Bank (ECB) would cut inflation forecasts for the next three years, sparking speculation that the euro area monetary authority will maintain its dovish stance. Inflation forecats to around 1.5% th...

07 Jun 17 (Wed)

11:28 am

U.S. Crude oil stocks will be announced today

Crude oil stocks will be announced today by EIA on may be important for oil prices which followed a volatile course in the recent few weeks. Note that oil stocks be expected to declined by 3.44 million barrels in this week

07 Jun 17 (Wed)

09:23 am

U.S. JOLTs Job Openings April

Actual:  6.044 M Forecast: 5.650 M Previous: 5.743 M

06 Jun 17 (Tue)

02:01 pm

Eurozone Retail Sales (YoY) April

Actual: 2.5 % Forecast: 2.3 % Previous: 2.3 %

06 Jun 17 (Tue)

09:00 am

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