- Euro-Zone Consumer Price Index (CPI) to Slow to 0.3%- Lowest Since October 2009 - Core Inflation to Hold Steady at 0.8% for Third Consecutive Month Trading the News: Euro-Zone Consumer Price Index (CPI) Another downside in the Euro-Zone’s Consumer Price Index (CPI) may heighten the bearish sentiment surrounding the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to further embark on its easing cycle. What’s Expected: ...
Apple has confirmed that it is holding a press event on Sept. 9, most likely to unveil new products. The company is widely expected to debut a new version of the iPhone, and the company will reportedly offer at least one model with a larger 5.5-inch screen. Reports also indicate that Apple may show off the long-awaited iWatch, a wearable device that would likely run on iOS. The event will take place in the company’s hometown of Cupertino, California at 10 a.m. Pacific time. ...
- Germany Unemployment to Contract for Second Consecutive Month. - Jobless Rate to Hold at Annualized 6.7% for Six Straight Months. Trading the News: German Unemployment Change Germany’s Unemployment report may generate a more meaningful rebound in the EUR/USD should the data highlight an improved outlook the euro-area’s largest economy. What’s Expected: Why Is This Event Importantespite ...
- U.S. Durable Goods Orders to Increase for Second Month. - 7.1% Rise Would Mark Fastest Pace of Growth Since March 2011. Trading the News: U.S. Durable Goods Orders A 8.0% rise in demand for U.S. Durable Goods may spur a bullish reaction in the greenback (bearish EUR/USD) as it raises the scope for a stronger recovery in the second-half of 2014. What’s Expected: Why Is This Event Important: ...
- Canada Headline Inflation to Hold Above 2.0% for Fifth Consecutive Month. - Core Consumer Price Index of 1.9% Would Mark Fastest Pace of Growth Since June 2012. Trading the News: Canada Consumer Price Index (CPI) Despite expectations for a downtick in Canada’s Consumer Price Index (CPI), the stickiness in core inflation may spur a larger decline in the USD/CAD as it puts increased pressure on the Bank of Canada (BoC) to move away from its neutral policy ...
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