News of the day. Thursday on 24.09.2015

September 24, 2015

On Thursday, the majority of important macroeconomic publicationsis going to come out from the US though a few are released from other countries. At 12:15 pm (all times stated in GMT +3) Targeted LTRO (Long Term Refinancing Operations) are due in the eurozone. The program was created to support the European banking sector with liquidity during the crisis and to increase inflationary pressures, and was shrinking during this year.

Durable Goods Orders are due at 3:30 pm form the US. The indicator represents consumer confidence in the economy outlook and is the leading indicator for manufacturing activity. Orders are expected to shrink by 2% in August, while Durable Goods Orders excluding Transportation to grow by 0.1%. If actual figures match their forecasts, it could put the Dollar under pressure. At 5 pm, New Home Sales for August are due in the US. According to forecasts, sales are going to increase by 1.6%, from 507 to 516 thousands, and such insignificant growth is unlikely to support the USD. Fed’s Yellen Speech is due at midnight, and investors are traditionally waiting for hints on the interest rates increase timing. Experts, however, are starting doubting that the regulator is going to start with its tightening cycle in the near future.

At 2:30 am on Thursday night, the National Consumer Price Index for August is due in Japan. The index is expected to come out below its previous figure of 0.2%, while the Nation CPI ex-Fresh Food to fall to -0.1% which would indicate deflation. The data can significantly pressure the Yen if confirmed by actual figures.

Publication source
LiteForex information  LiteForex reviews

January 18, 2017
Trump kicks the Dollar down
Trump hinted in his interview to the Financial Times that the US Dollar went for a far too extensive rally and the enthusiasm surrounding the bulls needs to be cooled...
January 18, 2017
Fed speakers, BoC and UK employment
We are going to see some central bank action (Canada) and hear from some Fed members and the chairwoman today. Apart from that we will get more information on the UK labor market and a data package from the US, including CPI for December and industrial output...
January 18, 2017
Aussie dollar cracks major levels
The Australian dollar swung heavily today as US bulls finally looked to sell off in the wake of economic uncertainty around the United Kingdom...

Fort Financial Services Rating
Grand Capital Rating
FIBO Group Rating
Vantage FX Rating
Orbex Rating
Larson&Holz IT Ltd Rating

Beeoptions Rating
IQ Option Rating
Binary Brokerz Rating
24option Rating
Anyoption Rating
OptionBit Rating