- German Unemployment to Contract for Fifth Consecutive Month in February. - Jobless Rate to Hold at Record-Low of 6.5% for Second Month. Trading the News: German Unemployment Change Another 10K contraction in German Unemployment may encourage a near-term rebound in EUR/USD as it raises the prospects for a stronger recovery in the euro-area. What’s Expected: Why Is This Event Important: ...
- Canada Retail Sales to Contract for First Time Four Months. - Will a Slowdown in Private Consumption Fuel Bets for More BoC Easing? Trading the News: Canada Retail Sales A slowdown in Canada Retail Sales may spur a larger advance in USD/CAD as the Bank of Canada (BoC) adopts a more cautious outlook for the region. What’s Expected: Why Is This Event Important: ...
- U.K. Retail Sales to Contract for First Time in Four Months. - Will Lower Energy Prices & Faster Job/Wage Growth Boost Consumption? Trading the News: U.K. Retail Sales A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as it dampens the outlook for a stronger recovery in 2015. What’s Expected: Why Is This Event Important: However, we may see private-sector ...
Trading the News: U.K. Jobless Claims Change Another 25.0K contraction in U.K. Jobless Claims may encourage an improved outlook for the real economy, but the lack of stronger wage growth may generate a limited market reaction in GBP/USD as the Bank of England (BoE) remains in no rush to normalize monetary policy. What’s Expected: Why Is This Event Important: As a result, the BoE may retain a ...
- U.S. Advance Retail Sales to Contract for Second Consecutive Month. - Will Lower Energy Prices Help Boost Private-Sector Consumption? Trading the News: U.S. Advance Retail Sales Another contraction in U.S. Retail Sales may drag on the greenback and generate a near-term rebound in EUR/USD as it dampens the Fed’s scope to raise the benchmark interest rate in mid-2015. What’s Expected: Why Is This ...
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