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Private capital expenditure in Australia was down a seasonally adjusted 5.2 percent on quarter in the first three months of 2016, the Australian Bureau of Statistics said on Thursday - standing at A$30.613 billion. more...
Trading the News: U.S. Durable Goods Orders Another 0.5% expansion in orders for U.S. Durable Goods may heighten the appeal of the greenback and spur a near-term decline in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy. What’s Expected: Why Is This Event Important:Even though Fed Chair Janet Yellen remains in no rush to implement higher ...
Trading the News: Canada Consumer Price Index (CPI) Despite forecasts for a rebound in Canada’s Consumer Price Index (CPI), a marked slowdown in the core rate of inflation may drag on the loonie and spark a further advance in USD/CAD as it dampens interest-rate expectations. What’s Expected: Why Is This Event Important: Even though the Bank of Canada (BoC) has turned upbeat on the economy in ...
The unemployment rate in Australia was steady at a seasonally adjusted 5.7 percent in April, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: U.K. Jobless Claims Change What’s Expected: Why Is This Event Important: The BoE looks poised to retain its current policy ahead of the U.K. Referendum on June 23, but the central bank may show a greater willingness to remove the record-low interest rate over the coming months as Governor Mark Carney and Co. remain adamant that the next move will be to implement higher borrow-costs. ...