Currencies traded in a mixed manner in the last week of Q1. A rate decision in Australia, the FOMC meeting minutes a full build-up to the all-important Non-Farm Payrolls stand out. These are the top events on forex calendar. US ISM Manufacturing PMI: Monday, 14:00. Manufacturing PMI is expected to decline to 57.2 in March.Australian rate decision: Tuesday, 3:30.US ADP Non-Farm Employment ...
A cut of at least 700,000 barrels per day was needed to balance the market in the first quarter of 2017 The Organization of the Petroleum Exporting Countries is moving closer to finalizing its first deal since 2008 to limit output, with most members prepared to offer Iran flexibility on production volumes, ministers and sources said. Iran has been the main stumbling block for capping production, and while it has not yet responded ...
The US dollar continued marching forward, accompanied by clear hints of a rate hike. US Durable Goods Orders, UK GDP and the all-important FOMC Meeting Minutes stand out in the week of Thanksgiving. These are the major events on forex calendar. Mario Draghi speaks: Monday, 16:00. ECB President Mario Draghi will testify before the European Parliament, in Strasbourg. The ECB has not been clear ...
US Crude Oil Inventories, Rate decision in New Zealand, US Unemployment Claims, German GDP data, US Retail sales, Producer prices and Consumer sentiment. These are the major events on forex calendar. US Crude Oil Inventories: Wednesday, 14:30. Oil prices edged up more than 3%, with U.S. crude futures returning to above $40 a barrel.New Zealand rate decision: Wednesday, 21:00. The central bank is expected to cut rates to 2.00% this ...
The US dollar had a positive week despite a lack of really convincing data. GDP from Canada and Australia, a buildup to the Non-Farm Payrolls, OPEC Meetings and the ECB decision stand out in a very busy week. Canadian GDP data: Tuesday, 12:30. March GDP is expected to remain flat.US CB Consumer Confidence: Tuesday, 14:00. Consumer confidence is expected to reach 96.1 in May.Australian GDP data: Wednesday, 1:30. Economists expect ...
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