Entries with no category
The US dollar was on the back foot, suffering losses of various degrees across the board. The upcoming week features US durable goods orders, updated GDP reads from the UK and the US as well as the Jackson Hole Symposium. Here is a guide to the key events of the upcoming week. US New Home Sales: Tuesday, 14:00. The figure reached 5.57 million (annualized) in June. A similar figure of 5.55 million is projected.Crude Oil Inventories ...
Japan GDP data, inflation figures from the UK and the US, Employment data from the UK the US, New Zealand and Australia, US FOMC Meeting Minutes release and Manufacturing Index. These are the highlights on forex calendar. Japan GDP data: Sun, 23:50. GDP growth in the second quarter is expected to be 0.2%.UK inflation data: Tuesday, 8:30. UK CPI forecast for July is expected to be 0.5%.Eurozone German ZEW Economic Sentiment: Tuesday, ...
Any Gold Dips Ahead Of Jackson Hole A Buying Opportunity - UBS "Strong US data has weighed on gold, putting pressure on recent longs. CFTC data as of August 2 showed that net longs increased by 2moz bringing net length to 35.64moz or 96% of the record. Interestingly, part of the gains was offset by shorts adding to positions for the first time in a month. Higher-than-expected US nonfarm payrolls last Friday likely attracted some additional ...
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 ...
US ISM Manufacturing PMI, ISM Non-Manufacturing PMI, Crude Oil Inventories, Australian and UK rate decision, Canadian and US employment data including the major US monthly employment report. These are the highlights of this week. US ISM Manufacturing PMI: Monday, 14:00. Manufacturing activity is expected to decline to 53.1 this time.Australian rate decision: Tuesday, 4:30. The RBA is expected to cut rates to 1.50% in its August meeting. ...