Markets continued to wobble in the post-Brexit week, with recoveries seen in many currencies. The first full week of July features the buildup to the US Non-Farm Payrolls, the Fed’s meeting minutes and key speeches among other events. These are the market movers on forex calendar. Australian rate decision: Tuesday, 4:30. Economists still expect the RBA’s move will be postponed to a later date such as June 2017.Mark Carney speaks: ...
Great Britain voted to leave the European Union. Markets yesterday bet they would stay, and now the fallout is great. Eric Wiegand, senior portfolio manager at U.S. Bank Wealth Management: "With last night’s result, that’s certainly unwinding. It caught the consensus on the wrong side yet again. Complacency had crept back into the markets."Bob Stovall, U.S. equity strategist at S&P Global Market Intelligence: "Falling prices will ...
Weekly Outlook: 2016, June 26 - July 03 The Brexit decision had huge market implications with a crash for the pound, falls for other risk currencies and gains for the dollar and the yen. Apart from the Brexit aftershocks, we have US and Canadian GDP data, US Consumer Confidence and other events. These are the major events on forex calendar. US GDP( final Q1): Tuesday, 12:30. U.S. economic growth ...
Weekly Outlook: 2016, June 12 - June 19 Risk off sentiment dominated during most of the week, but things reversed later on. It’s all related to the UK’s EU Referendum which happens in the upcoming week. Apart from this, two testimonies from Janet Yellen, US Durable Goods Orders and German surveys will play a role around the big vote. These are the highlights on forex calendar. German ZEW Economic Sentiment: Tuesday, 9:00. ...
The US dollar was on the back foot, but the managed to recover some of the losses. Inflation data in the UK and the US, Employment data from the UK and Australia, US retail sales and no less than 4 rate decisions,with the Federal Reserve standing out from the crowd. These are the main events for this busy week. UK Inflation data: Tuesday, 8:30. A monthly rise of 0.4% is expected.US retail sales: Tuesday, 12:30. For the month of May, ...
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