- 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 ...
- U.K. Retail Sales to Increase for Second Consecutive Month. - Private Sector Spending to Rise for Fifth Time in 2014. Trading the News: U.K. Retail Sales A pickup in U.K. Retail Sales may spur a more meaningful rebound in the GBP/USD as it raises the prospects for a stronger recovery in the second-half of 2014. What’s Expected: Why Is This Event Important: The growing ...
- U. of Michigan Confidence Survey to Rebound Following Unexpected Decline in July. - Expected to Hold Above 80.0 for Ninth Consecutive Month. Trading the News: U. of Michigan Confidence A rebound in the U. of Michigan Confidence survey may generate a bullish reaction in the U.S. dollar (bearish EUR/USD) as it raises the outlook for growth and inflation. What’s Expected: Why Is ...
German economic confidence weakened sharply to the weakest level since December 2012 as geopolitical tensions weighed on analyst expectations, the results of a closely watched survey from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday. The indicator of economic sentiment plunged by 18.5 points to 8.6 in August, while it was forecast to drop to 17. More...