Market developments of the upcoming week

29 August, 2016

Market developments of the upcoming week

As not every day has an important event we are proving you with only the most crucial ones to help your trading. Here are the key events happening in the week:

Monday, Aug 29, 2016. US: Personal Income (MoM), Personal Spending, Dallas Fed Manufacturing Business Index.

Tuesday, Aug 30, 2016.

Japan: Unemployment Rate, Overall Household Spending (YoY), Retail Trade (YoY). UK: Mortgage Approvals, Consumer Credit. US: Consumer Confidence Wednesday, Aug 31, 2016, Japan: Industrial Production (YoY). Germany: Unemployment Change. Italy: Unemployment rate EU: Consumer Price Index – Core (YoY), US:  ADP Employment Change, Pending Home Sales (YoY), Oil:  EIA Crude Oil Stocks change

Thursday, Sep 01, 2016.

China: Non-manufacturing PMI, Caixin Manufacturing PMI. US: Nonfarm Productivity, Initial Jobless Claims, ISM Manufacturing PMI.

Friday, Sep 02, 2016.

US: Unemployment Rate, Nonfarm Payrolls, Trade Balance. Oil: Baker Hughes US Oil Rig Count


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Another currency to climb the peak

The comments of the FED officials Erik Rosengren and Loretta Mester...

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The British Pound rose above the level of 1.24 after the Bank of England decision last week...

Go short!

When it comes to the EUR/USD pair, then we have a descending channel on the weekly chart...


Saudi Arabia reversed a third of its production cuts

Oil tumbled during the trading session on Tuesday after OPEC reported that Saudi Arabia raised output while remaining committed to the quota determined at the last meeting of producers in November 2016...

Dutch Elections: Is Netherlands the next domino to fall?

Trump’s triumph and Brexit not only proved that appealing to the crowd works best in the fight for power but also made populism a catching example for other European countries...

Is Oil going down the drain?

The Oil prices continue to be under the strong Dollar pressure, despite the optimistic IEA forecast on the world energy consumption and OPEC striving to deliver more production cuts...


Will the EU and UK concur?

Some FED members have subtly been hinting towards a spring surprise and last Friday Yellen had no other choice than to agree with the statement...

Is Bitcoin taking over Gold value?

While investors are trying their best to estimate the outlook...

Is Europe back on the recovery path?

Dollar keeps its foothold and consolidates before the breakout of January resistance at the 102 level as Yellen is to deliver a speech at Chicago on Friday. American currency took advantage of hawkish FED policymakers pondering over the March hike...

  


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