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

January 20, 2017
Advance in inflation across the Eurozone
Euro holds gains against the US Dollar ahead of the ECB rate decision, as majority of economists expect no major updates in the policy, while investors will be taking stock of Draghi rhetoric’s to foresee the timeframe of the next big move by the policymakers...
January 20, 2017
US oil inventory draw gave a temporally support for oil prices
Oil prices remained in red figures after Wednesday's bearish acceleration. Brent a little changed on the day and remained prone to more weakness on Thursday. The benchmark stayed neutral around 54.50 dollars per barrel flirting with the level during the European session...
January 20, 2017
Pound gives up gains
The British pound has pulled back sharply today after making its biggest 1day gain in nearly 20 years’ yesterday, as fears once again crept in about where Brexit will lead to...

EXNESS Rating
Tickmill Rating
HotForex Rating
Grand Capital Rating
OANDA Rating
 FXTM Rating

UKoptions Rating
First Binary Option Service Rating
99Binary Rating
Dragon Options Rating
EZTrader Rating
365BinaryOption Rating