News of the day. Monday 28.09.2015

September 28, 2015

On Monday, major fundamental announcements and events are due in the US. At 3:30 p.m. (GMT+3) Personal Income and Personal Spending statistics are released. Personal Income provides insight on the labor market situation, as labor earnings account for major part of personal income. Personal Spending may serve as an indicator for GDP and inflation assessment. Both Personal Income and Personal Spending are expected to remain unchanged at 0.4% and 0.3%, respectively.

Pending Home Sales statistics for August is due at 5:00 p.m. (GMT+3). The indicator is based on signed real estate contracts and is one of the most important for assessment of the US housing market situation. The forecast is rather negative: a decline from 0.5% to 0.2% is expected, thus, the USD will be under pressure.

At the end of the day, at 8:30 p.m. (GMT+3) and 00:00 a.m. (GMT+3), market participants will turn their attention to the speeches given by two members of the Federal Reserve: Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, and John Williams, president and chief executive officer of the Federal Reserve Bank of San Francisco. They may share their views on the possibility and the timing of an interest rate increase.

Publication source
LiteForex information  LiteForex reviews

September 23, 2016
Risk rating
The market is in need of a new narrative. The Fed meeting in December is too far off and for now, the US election is not something that entices excitement. With central banks on hold, markets are pushing the envelope in terms of risk...
September 23, 2016
Greenback regains some ground
On Friday, the evergreen buck regained some ground against other key currencies, as markets kept digesting the Fed’s latest policy decision...
September 23, 2016
Dollar rebounds slightly as precious metals are in a hot zone
The US Dollar rebounds after a substantial selloff led by the FOMC decision to leave the interest rate unchanged. The Dollar index, which tracks the US currency against major peers, recoiled with support at a 95.00 level on Thursday, adding 0.05% to the 95.36 price in the early Friday session...

Grand Capital Rating
OctaFX Rating
FBS Rating
FXTM Rating
FOREX.com Rating
Larson&Holz IT Ltd Rating

Binary Brokerz Rating
EZTrader Rating
OptionFair Rating
24option Rating
OptionTrade Rating
Empire Option Rating