News of the day. Monday 26.10.2015

October 26, 2015

There will not be plenty of macroeconomic publications on Monday. During the day, attention needs to be paid to the German Buba Monthly Report for September that describes current and future states of the German economy, due at 1 pm (GMT +3), and September data on New Home Sales from the US, due at 5 pm. Let us remind that the construction sector is one of the leading in the American economy. According to forecasts, the index will fall slightly from 0.552 to 0.550 million that would not pressure the USD though.

On Monday night at 1:45 am, Trade Balance data is due in New Zealand. Trade deficit tended to grow during the last 3 months. In September, however, the deficit will remain but may shrink from 1,035 million to 800 million NZD. On the other hand, exports from the country will continue their fall started in March this year. Forecasts confirmation may pressure the NZD.

Publication source
LiteForex information  LiteForex reviews

September 30, 2016
The OPEC greases the wheels for oil
The global equities rally led by the gains in the energy sector after the OPEC members cut a deal in Algiers, despite the market scepticism and repeated statements that the Oil officials in Iran and Saudi Arabia are not able to find a middle ground in the current conditions...
September 30, 2016
Opec deal no certainty
In a huge surprise to the market, members of the Opec cartel agreed to cut production by as much as 700,000 barrels a day with some predicting that this may be the start of a new upward trend for oil...
September 30, 2016
Brent futures consolidated their gains
Brent rose in the European session after a surprised OPEC decision to cut oil output. Moreover, a draw in U.S. crude stocks gave an additional support for oil prices...

Tickmill Rating
FOREX.com Rating
Larson&Holz IT Ltd Rating
XM Rating
Vantage FX Rating
FBS Rating

Grand Option Rating
Anyoption Rating
OptionsXO Rating
IQ Option Rating
365BinaryOption Rating
OptionTrade Rating