Market News

US Manufacturing PMI (Jul)


Actual:  53.2 Forecast : 52.0 Previous: 52.0

24 Jul 17 (Mon)

01:45 pm

Oil Price surges with meeting of OPEC Leaders


Al-Falih says; Mechanisms are in place to ensure better compliance Oil Demand is healthy broadly-based Sees Saudi deep cut in August, promise

24 Jul 17 (Mon)

10:14 am

OPEC leaders update on output agreement


All eyes now turn to St Petersburg, where representatives of major producers taking part in the coordinated output reduction scheme will meet to discuss their progress.

24 Jul 17 (Mon)

10:01 am

Eurozone Services PMI (Jul)


Actual:  55.4 Forecast: 55.5 Previous: 55.4

24 Jul 17 (Mon)

09:04 am

Eurozone Manufacturing PMI (Jul)


Actual:  56.8 Forecast: 57.2 Previous: 57.4

24 Jul 17 (Mon)

09:02 am

IMF downgrades US and UK growth


The International Monetary Fund (IMF) has lowered its forecasts for the US and UK economic growth this year, Following weaker than expected activity in the first three months.The IMF says it now expects the UK to grow by 1.7% this year, Compared with the 2% it was forecasting. The US will now gro...

24 Jul 17 (Mon)

08:39 am

Headlines the Economic Calendar on Monday


Eurozone Manufacturing PMI to be announced today which is expected to ease slightly to 57.2 in July from 57.4 compared to a month ago while service PMI is expected to slightly increase to 55.5 from 55.4 according to preliminary numbers. In line with or better than expectations will point to a rec...

24 Jul 17 (Mon)

06:52 am

Headlines the Economic Calendar on Friday


The Market Agenda is not heavy today. Canada CPI Inflation will be announced today and it is expected to ease slightly to 1.0% (YoY) from 1.3% a month ago in June. Retail sales growth will also be another release to be followed today in Canada. It is expected to accelerate t...

21 Jul 17 (Fri)

06:33 am

The ECB Governor Draghi just stared to speak in the press conference


Draghi ; He sees rates at the present level well past the end of QE QE will run until ECB sees sustain inflation pickup Monetary policy has continued to secure very favorable financing conditions needed Draghi says risks to growth are broadly balanced...

20 Jul 17 (Thu)

12:46 pm

Philadelphia Fed Manufacturing Index (July)


Actual:  19.5 Forecast: 24.0 Previous: 27.6

20 Jul 17 (Thu)

12:34 pm

The ECB Interest Rate Decision


The European Central Bank left interest rates unchanged, as expected. We will follow Governor Draghi speech in the press conference.

20 Jul 17 (Thu)

11:45 am

We will view the ECB Interest Rate Decision in 15 minutes


No rate change is expected from the ECB, however, Governor Draghi's statements about the fate of quantitative easing in Eurozone will be quite important for EURUSD. Recall that ECB has extended QE program until December 2017 with monthly asset purchases of €60 bln. Any hint regarding a chang...

20 Jul 17 (Thu)

11:31 am

U.K Core Retail Sales (YoY) (Jun)


Actual:  3.0 % Forecast: 2.5 % Previous: 0.6 %

20 Jul 17 (Thu)

08:30 am

Turkey Consumer Confidence (Jul)


Actual: 71.3 Previous: 70.0

20 Jul 17 (Thu)

07:00 am

The BoJ Monetary Policy Statement


The key Policy Balance Rate remains at -0.1%, the ten-year government bond yield target is still an unenticing 0.0%. Heavy bond-buying also remains in place, at an annual pace of JPY80 trillion (US$720 billion). However, the BOJ now sees consumer prices rising by 1.1% this fiscal year, rather tha...

20 Jul 17 (Thu)

06:24 am

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