News of the day. Friday on 18.09.2015

September 18, 2015

After eventful Thursday, there are very few macroeconomic publications due on Friday. The most important is going to be the data on the Consumer Price Index (YoY) for August, which is due at 3:30 pm (GMT +3). It is worth noting that inflation in Canada is higher than in the US or the eurozone. For example, in July the figure grew to 1.3% after the Bank of Canada cut its interest rates to 0.5%. The Consumer Price Index for August is expected to remain the same at 1.3%. However, the Bank of Canada Consumer Price Index Core (YoY) that does not include food and energy prices can fall from 2.4% to 2.1% on a year-to-year basis.

Other macroeconomic publications that attention needs to be paid to include the Seasonal Adjusted Current Account for the eurozone at 11:00 am (GMT +3), which represents a difference between the amount of payments coming into the eurozone and the amount of payments coming out of it. In July, the Current Account expected to show a surplus of 21.3 million euro. In addition, the CB Leading Indicator (MoM) for August is going to come out in the US at 5 pm (GMT +3). The indicator is calculated based on the 10 most important macroeconomic indices and allows estimating the state of the American economy for the next 3-6 months. The indicator is expected to increase from -0.2% to 0.2%.

Publication source
LiteForex information  LiteForex reviews

December 9, 2016
Gold is tired of moving in the range
On the daily chart of gold, the bears remain control over the market. As long as quotes are below $ 1,195, their positions are not under threat. The update of the December low can lead to the continuation of downward movement towards $1,116...
December 9, 2016
Oil prices ignored bigger-than expected drop
After an Asian consolidation oil prices moved higher on Thursday. The price slightly grew and reversed the minor part of its losses. The benchmark approached 53.50 post-Europe open. The price stayed below the 50 and 100 EMAs in the 1 hour chart...
December 9, 2016
EURUSD Trades Below Significant Resistance
The Italian referendum weighed on EUR/USD, fell to a year low of 1.0506 on 5th December. It was followed a quick recovery, as a result of the rebound of the Euro after testing the significant support level at 1.0500. Yet it retraced after testing the significant resistance level at 1.0800...

Grand Capital Rating
Orbex Rating
Tickmill Rating
FIBO Group Rating
XM Rating

Anyoption Rating
OptionFair Rating
OptionBit Rating
Empire Option Rating
Banc De Binary Rating
TopOption Rating