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Weekly EUR/USD Outlook: 2017, July 09 - July 16 EUR/USD corrected its previous gains and dropped within the range. What’s next? The upcoming week features a mix of trade, industrial output, and inflation figures. German Trade Balance: Monday, 6:00. The surplus reached 19.8 billion euros in April. The data for May will likely be similar.Sentix Investor Confidence: Monday, 8:30.Industrial Production: Wednesday, 9:00. ...
Weekly Outlook: 2017, July 09 - July 16 The US dollar recovered across the board in a busy start to the second half of the year. Apart from further reactions to the NFP, we have all-important inflation, consumption data, and Janet Yellen’s testimony. US JOLTS Job Openings: Tuesday, 14:00. The Fed has highlighted this report in the past, giving it importance despite the lag.UK jobs report: Wednesday, 8:30. In May, jobless ...
Weekly AUD/USD Outlook: 2017, July 02 - July 09 AUD/USD reversed directions last week and gained 110 points. The pair closed at 0.7683. This week’s key indicators are Retail Sales and the RBA rate statement. AIG Manufacturing Index: Sunday, 19:30MI Inflation Gauge: Sunday, 21:00. The indicator provides analysts with a monthly look at inflation, as CPI is released each quarter. In May, the indicator softened to 0.0%, ...
Weekly EUR/USD Outlook: 2017, July 02 - July 09 EUR/USD finally made a breakthrough and reached the highest levels in over a year. Is this the beginning of a longer trend? The first week of July features PMIs and the ECB meeting minutes. Manufacturing PMIs: Monday morning: 7:15 for Spain, 7:45 for Italy, the final French figure at 7:50, final German read at 7:55 and the final euro-zone number at 8:00.Unemployment Rate ...
Weekly Outlook: 2017, July 02 - July 09 The US dollar and the Japanese yen were on the back foot as optimism gripped markets Will the party continue? The first week of the second half features a full build up to the all-important Non-Farm Payrolls as well as other top-tier figures. Chinese Caixin Manufacturing PMI: Monday, 1:45. Any figure under 50 represents contraction. A similar score is expected now: 49.9.US ISM ...