News of the day. Wednesday 25.11.2015

November 25, 2015

Out of macroeconomic statistics that can affect dynamics in currencies today, it is worth paying attention to publications from the UK, the US and New Zealand. The Autumn Forecast Statement is due at 2:30 pm (all times stated in GMT+2) in the UK. The report includes a review of current state of the economy and its future prospects, and preliminary budget forecast for the next year. October Durable Goods Orders data is due at 3:30 pm in the US. The index is expected to grow by 1.5% against a 1.2% contraction in the previous month. Durable Goods Orders excluding Transportation is forecasted to grow by 0.3%, against -0.4% in September. Also at 3:30 pm, Initial Jobless Claims data for October is out. The figure is expected to fall from 271 thousands to 270 thousands. At the same time, data on Personal Income and Personal Spending will come out. Both figures are expected to be positive. Income will increase by 0.4%, while spending will grow by 0.3%, which might strengthen the Dollar. On Wednesday night at 0:45 am trade balance data is due in New Zealand. Imports for October are expected to grow from 4.91 to 5.01 billion NZD, while Exports will rise from 3.69 to 4.02 billion and Trade Balance deficit will fall from 1.222 billion to 937 million NZD. Forecasts confirmation might provide short-term support to 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...

FXCM Rating
FxPro Rating
OctaFX Rating
Larson&Holz IT Ltd Rating
FIBO Group Rating
FXTM Rating

24option Rating
OptionFair Rating
OptionTrade Rating
TopOption Rating
OptionBit Rating
Banc De Binary Rating