Premium2 468x60 forex
Results 1 to 1 of 1

Weekly Outlook: 2016, October 02 - October 09

This is a discussion on Weekly Outlook: 2016, October 02 - October 09 within the Forex Trading forums, part of the Trading Forum category; The third quarter ended with mixed moves in currencies. A full buildup to the US Non-Farm Payrolls, a rate decision ...

          
   
  1. #1
    Senior Member 1Finance's Avatar
    Join Date
    Feb 2014
    Posts
    1,519
    Blog Entries
    340

    Weekly Outlook: 2016, October 02 - October 09

    Weekly Outlook: 2016, October 02 - October 09-xauusd-w1-metaquotes-software-corp.png


    The third quarter ended with mixed moves in currencies. A full buildup to the US Non-Farm Payrolls, a rate decision in Australia and other figures fill the first week of the last quarter. These are the main events on forex calendar.

    1. US ISM Manufacturing PMI: Monday, 14:00. Manufacturing PMI is expected to reach 52.1 in September.
    2. Australian rate decision: Tuesday, 3:30. No change in rates is expected this time. This is the first rate decision made by the new governor Philip Lowe.
    3. US ADP Non-Farm Employment Change: Wednesday, 12:15. The ADP report is expected to show a 166,000 jobs gain in September.
    4. US ISM Non-Manufacturing PMI: Wednesday, 14:00. Non-manufacturing activity is expected to reach 53.1 in September.
    5. US Crude Oil Inventories: Wednesday, 14:30.
    6. US Unemployment Claims: Thursday, 12:30. The number of new claims is expected to register 255,000 jobs gain this week.
    7. Canadian employment data: Friday, 12:30. Economists expected a smaller gain of 16,000 jobs and the unemployment rate to remain steady at 6.9%.
    8. US Non-Farm Payrolls: Friday, 12:30. The number of new jobs in September is expected to be 171,000 while the unemployment rate is forecasted to remain at 4.9%. Wages are projected to rise by 0.2% m/m.


    the source
    Last edited by 1Finance; 10-01-2016 at 10:13 AM.
    Trading blogs || My blog

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •