News of the day. Wednesday 11.11.2015

November 11, 2015

Today the main suppliers of macroeconomic data are going to be the UK, the eurozone and Australia. The UK’s labour market data is due at 11:30 am (all times stated in GMT +2) that includes the ILO Unemployment Rate and Claimant Count Change for October. According to forecasts, the unemployment will stay unchanged at 5.4%, while the number of claimants will fall to 1.5 thousands, against 4.6 thousands a month earlier. If forecasts are confirmed it could support the Pound for a short while. In addition, the BOE’s Governor Carney speech is due at 12:30 pm in which he could comment on the current economic state and monetary policy in the country. His speech may lead to an increased volatility in pairs with the Pound. At 3:15 pm, ECB President Draghi will appear on the Open Forum in London with his speech on “Building real markets for the good of the people”, in which he might touch on economic conditions in the eurozone. On Wednesday night at 2:30 am, October labour market data is due in Australia. According to forecasts, the Unemployment Rate will remain unchanged at 6.2%, while the Employment Change is expected to increase to 15 thousands, against a contraction of more than 5 thousands in the previous month. If forecasts match the real figures, the Australian Dollar could receive a substantial support. 

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...

HYCM Rating
OctaFX Rating
Larson&Holz IT Ltd Rating
FIBO Group Rating
XM Rating
Tickmill Rating

Banc De Binary Rating
IQ Option Rating
Porter Finance Rating
Grand Option Rating
Binary Brokerz Rating
Beeoptions Rating