Premium8 468x60 forex
Results 1 to 2 of 2

Weekly Outlook: 2017, February 12 - February 19

This is a discussion on Weekly Outlook: 2017, February 12 - February 19 within the Forex Trading forums, part of the Trading Forum category; Weekly Outlook: 2017, February 12 - February 19 GDP data from Japan and Germany, Inflation data from the UK and ...

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

    Weekly Outlook: 2017, February 12 - February 19

    Weekly Outlook: 2017, February 12 - February 19

    Weekly Outlook: 2017, February 12 - February 19-xauusd-w1-metaquotes-software-corp.png


    GDP data from Japan and Germany, Inflation data from the UK and the US, Janet Yellen’s testimony before the US Senate, US retail sales, Crude Oil Inventories, Building Permits, Philly Fed Manufacturing Index and Employment figures from the US, The UK and Australia. These are the main events on Forex calendar.


    1. Japan GDP data: Sun 23:50. Economists expect a 0.3% growth rate in the final quarter of 2016.
    2. German GDP data: Tuesday, 7:00. Analysts expect a growth rate of 0.5% in the fourth quarter of 2016.
    3. UK Inflation data: Tuesday, 09:30. CPI is expected to rise 1.9% in January.
    4. US PPI: Tuesday, 13:30. Producer prices are estimated to gain 0.3% in January.
    5. Janet Yellen speaks: Tuesday, 15:00. The chair of the Federal Reserve Janet Yellen will testify on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC.
    6. UK Employment data: Wednesday, 9:30. UK jobless claims are expected to increase 1,100 in January.
    7. US Inflation data: Wednesday, 13:30. Economists expect a 0.3% gain in consumer prices and a 0.2% rise for core CPI.
    8. US Retail sales: Tuesday, 13:30. Retail sales are expected to rise by 0.1% and core sales are estimated a 0.4% gain in January.
    9. US Crude Oil Inventories: Wednesday, 15:30.
    10. Australian employment data: Thursday, 0:30.
    11. US Building Permits: Thursday, 13:30.
    12. US Philly Fed Manufacturing Index: Thursday, 13:30.
    13. US Unemployment Claims: Thursday, 13:30. The four-week moving average of claims fell 3,750 to 244,250, the lowest level since November 1973.


    the source
    Trading blogs || My blog

  2. #2
    Senior Member 1Finance's Avatar
    Join Date
    Feb 2014
    Posts
    1,519
    Blog Entries
    340

    Weekly EUR/USD Outlook: 2017, February 12 - February 19

    Weekly EUR/USD Outlook: 2017, February 12 - February 19

    Weekly Outlook: 2017, February 12 - February 19-eurusd-d1-metaquotes-software-corp.png


    EUR/USD was unable to take advantage of the greenback’s weakness and suffered trouble of its own. GDP numbers stand out and also the ECB meeting minutes should be watched.

    1. German GDP: Tuesday, 7:00. The biggest economy in the euro-zone experienced slower growth in Q3, growing by only 0.2%. An accelerated level of growth is expected for Q4, in line with other European countries that have already published their inflation figures.
    2. German CPI (final): Tuesday, 7:00. According to the initial data, Germany saw a drop of 0.6% in prices in January, slide below projections. This will probably be confirmed now.
    3. Italian GDP: Tuesday, 9:00. The third-largest economy enjoyed a neat 0.3% growth rate in Q3 2016 after suffering no growth in Q2. The data for Q4 could be positive.
    4. Flash GDP: Tuesday,10:00. According to the initial GDP read, the euro-zone economies enjoyed an uptick in growth: 0.5% in Q4 2016. The second read is projected to confirm the initial data, but a lot depends on Germany.
    5. German ZEW Economic Sentiment: Tuesday, 10:00. Slightly overshadowed by the GDP figures, Germany’s ZEW institution will give an update on business confidence for February. A score of 16.6 was seen in January, a rise, but below expectations. The all-European number stood at 23.2 points.
    6. Industrial Production: Tuesday, 10:00. The 19-country currency bloc experienced a robust increase of 1.5% in industrial output back in November. The data for December will probably be negative due to Germany’s poor performance.
    7. Trade Balance: Wednesday, 10:00. German exports tip the euro-zone to a surplus every month and December is likely to be no different, despite a narrower surplus from the euro-area’s largest country. A positive balance of 22.7 billion was seen in November.
    8. ECB Meeting Minutes: Thursday, 12:30. Four weeks after the European Central Bank stuck to its dovish tone, the minutes from the meeting are released. It will be interesting to see whether some members were opposed to dismissing the recent rise in inflation as only energy-based or if some of the German members wanted to express a more upbeat tone.
    9. Current Account: Friday, 9:00. Similar to the trade balance report, this wider measure of trade, including services as well, is traditionally positive. A surplus of 36.1 billion was seen in November.


    the source
    Last edited by 1Finance; 02-11-2017 at 07:00 AM.
    Trading blogs || My blog

Tags for this Thread

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
  •