Entries with no category
- 3Q U.K. GDP of 0.7% Would Mark the Slowest Rate of Growth Since 4Q 2013. - Slower Economic Recovery Likely to Further Delay the BoE’s Normalization Cycle. Trading the News: U.K. Gross Domestic Product (GDP) The U.K.’s 3Q Gross Domestic Product (GDP) report may spur a lower-low in GBP/USD should the advance reading drag on interest rate expectations. What’s Expected: Why Is This Event Important: ...
- U.S. Consumer Price Index (CPI) to Slow for Third Consecutive Month. - Core Rate of Inflation to Hold at Annualized 1.7% for Second Month. Trading the News: U.S. Consumer Price Index (CPI) A further slowdown in the U.S. Consumer Price Index (CPI) may spark a bearish dollar reaction (bullish EUR/USD) as the majority of the Federal Open Market Committee (FOMC) remain in no rush to normalize monetary policy. What’s Expected: ...
- Canada Consumer Price Index (CPI) to Slow After Holding at 2.1% for Last Two-Months. - Core Inflation to Retain the Fastest Pace of Growth Since April 2012. Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s Consumer Price Index (CPI) may generate a further advance in USD/CAD as it gives the Bank of Canada (BoC) greater scope to retain its current policy throughout the remainder of 2014. What’s Expected: ...
- Canada Employment to Increase for Fifth Month in 2014. - Jobless Rate to Hold at Annualized 7.0% for Third Consecutive Month. Trading the News: Canada Net Change in Employment The USD/CAD may face a larger pullback going into the end of the week should Canada’s Employment report show a meaningful rebound in job growth and fuel interest rate expectations. What’s Expected: Why Is This Event Important: ...
- U.S. Non-Farm Payrolls (NFP) to Pick Up From Lowest Print Since . - Jobless Rate to Hold at 6.1% for Second Consecutive Month. Trading the News: U.S. Non-Farm Payrolls A pickup in U.S. Non-Farm Payrolls (NFP) may spur a further decline in the EUR/USD as the Federal Reserve is widely expected to halt its quantitative easing (QE) program at the October 29 policy meeting. What’s Expected: Why ...