Market News

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

Headlines The Economic Calendar on Tuesday


In Eurozone, Retail Sales to be announced today. Retail sales growth (YoY) is expected to remain flat at 2.3% in April compared to a month ago. The Job Openings and Labor Turnover Survey (JOLTS) will also see daylight in U.S. which is expected to decline to 5.65M from 5.74M a month ago....

06 Jun 17 (Tue)

07:36 am

Headlines The Economic Calendar on Monday


In UK, Services PMI for May will be announced today and is expected to ease to 55.0 from 55.8 a month ago. Any weakening in the index would be considered negative for British economy and hurt GBP/USD.   U.S. Service PMI to be announced is expected to show slight rise to 54.1...

05 Jun 17 (Mon)

10:42 am

Headlines The Economic Calendar on Monday


In UK, Services PMI for May will be announced today and is expected to ease to 55.0 from 55.8 a month ago. Any weakening in the index would be considered negative for British economy and hurt GBP/USD. U.S. Service PMI to be announced is expected to show slight rise to 54.1 in May from 5...

05 Jun 17 (Mon)

07:44 am

U.S. Non-Farm Payrolls May


Actual: 134 K Forecast: 185 K Previous: 211 K

02 Jun 17 (Fri)

03:15 pm

U.S.Non-Farm Payrolls Scenario Analysis


All eyes will be on Non-Farm Payrolls today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is significant determinant of Fed rate hike on June 14.    The Fed has already declared its expectations to raise rates two more times this year and market has price...

02 Jun 17 (Fri)

01:23 pm

Headlines The Economic Calendar on Friday


In UK, Construction PMI for May will be announced today and is expected to ease to 52.7 from 53.1 a month ago. Any weakening in the index would be considered negative for British economy and hurt GBP/USD.   The Former non-farm payrolls data was released yesterday which surpri...

02 Jun 17 (Fri)

10:27 am

U.S. ADP Non-Farm Payrolls Data


U.S. ADP non-farm payrolls data was released which surprised markets with better realization then expected in May, having registered 253K jobs against expectations of around 180K.

01 Jun 17 (Thu)

03:53 pm

Headlines The Economic Calendar on Thursday


ADP Non-Farm Employment Change and ISM manufacturing in May will be announced today in U.S. The former is likely to rise to 185k in May from 177k a month ago.ISM manufacturing on the other hand is expected to slightly ease to 54.6 from 54.8 within the same period. A lower than expected ADP or ISM...

01 Jun 17 (Thu)

11:42 am

Headlines The Economic Calendar on Thursday


ADP Non-Farm Employment Change and ISM manufacturing in May will be announced today in U.S. The former is likely to rise to 185k in May from 177k a month ago.ISM manufacturing on the other hand is expected to slightly ease to 54.6 from 54.8 within the same period. A lower than expected ADP or ISM...

01 Jun 17 (Thu)

08:44 am

Eurozone Unemployment Rate April


Actual:  9.3 % Forecast: 9.4% Previous: 9.5%

31 May 17 (Wed)

12:00 pm

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