List of major economic events to affect the trading of the pair EUR/USD for the week ending March 9th, 2012 are as under:
On Monday, data on French and Italian purchasing managers Index was published in the euro zone while single currency region published its separate data on purchasing managers index for services sector. The euro zone also reported its data on retail sales. In United States, data on ISM non manufacturing composite was released along with data on factory orders. On Tuesday, in euro zone, data on gross fixed capital, household consumption, gross domestic product and government expenditure was released.
On Wednesday, official data on German factory orders will be published in the euro zone. United States will publish its data on mortgage applications, employment change by ADP, data on non-farm productivity, unit labor costs and data on crude oil, gasoline and distillates stockpiles by US Department of Energy.
On Thursday, March 8th, 2012, data on French non-farm payrolls, business sentiment and country’s trade balance will be reported in the euro zone. Germany is expected to release its data on industrial production. The European Central Banks will also announce its decision on its interest rate on Thursday,.
United States will report is weekly data on initial jobless claims and continuing claims. Data on consumer outlook and job cuts will also be published while EIA will release its data on natural gas inventories.
On Friday, March 9th, 2012, Germany’s consumer price index, German trade balance, labor costs and current account will be reported in the euro zone. France will also report its data on industrial production and manufacturing production.
In United States, data on average hourly earnings, household employment, underemployment rate, unemployment rate, change in manufacturing payrolls, private payroll, non-farm payrolls and country’s trade balance will be reported.
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