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Tag Archive | "monetary policy"

GBP/USD Outlook for the Week Ending September 28th


Major economic events which could impact the trading of the pair GBP/USD for the week ending September 28th are as under:

On Tuesday, In United States, S&P/Case-Shille home price index along with Richmond Fed manufacturing index was released. United States also released its data on consumer confidence while US Federal Reserve’s official Plosser also spoke on economic outlook in Philadelphia.

United Kingdom reported its data on house prices while Bank of England’s official Paul Fisher addressed at an event in London.

On Wednesday, United States published its report on new home sales and MBA mortgage applications while the Energy Information Administration released its inventories data on crude oil, gasoline and distillates. In United Kingdom, data on CBI reports sales was published.

On Thursday, United States will report its data on continuing claims, core personal consumption expenditure, gross domestic product, personal consumption, initial jobless claims, durable goods orders, pending home sales and preliminary benchmark revision to establishment employment. The EIA will also report its data on natural gas supplies. In United Kingdom, data on total business investment, current account and gross domestic product is expected.

On Friday, In United States, data on personal consumption expenditure, personal spending, personal income, purchasing managers’ index and confidence index by University of Michigan will be released. In United Kingdom, data on index of services and consumer confidence survey will be reported.

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EUR/USD Outlook for the Week Ending September 28th


Major factors to affect the trading of the EUR/USD for the week ending September 28th, 2012 are as under:

On Monday, September 24th, 2012, data on IFO business climate, expectations and current assessment was reported in Germany. United States came up with data on manufacturing activity while US Federal Reserve’s official Williams addressed at event at City Club of San Francisco.

On Tuesday, September 25th, 2012, data on Gfk consumer confidence survey was published in Germany while France reported its data on production outlook indicator, business confidence indicator and own company production outlook. In Italy data on consumer confidence and hourly wages was published while the Italy’s central bank auctioned its bonds to be matured in 2014, 2016 and 2021. Moreover, ECB President, Mario Draghi and German Chancellor Angela Merkel met to discuss region’s monetary issues.

In United States, S&P/Case-Shille home price index along with Richmond Fed manufacturing index was released. United States also released its data on consumer confidence while US Federal Reserve’s official Plosser also spoke on economic outlook in Philadelphia.

On Wednesday, Germany reported its data on consumer price index. United States published its report on new home sales and MBA mortgage applications while the Energy Information Administration released its inventories data on crude oil, gasoline and distillates.

On Thursday, September 27th, Germany will report its data on import price index, unemployment rate, unemployment change and M3 money supply while in the euro zone, figures on services confidence, business climate indicator, economic confidence, industrial confidence and consumer confidence will be reported.

United States will report its data on continuing claims, core personal consumption expenditure, gross domestic product, personal consumption, initial jobless claims, durable goods orders, pending home sales and preliminary benchmark revision to establishment employment. The EIA will also report its data on natural gas supplies.

On Friday, September 28th, 2012, France is expected to release its data on gross domestic product, retail sales and consumer prices index estimate. In United States, data on personal consumption expenditure, personal spending, personal income, purchasing managers’ index and confidence index by University of Michigan will be released.

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British Pound Outlook for the Week Ending April 20th


Major economic factors which can affect the trading of the pair GBP/USD for the week ending April 20th, are as under:

On Monday, in United States, data on retail sales, long term TIC flows, business inventories and manufacturing was published. Moreover, US Federal Reserve’s official Bullard addressed at a public event. United Kingdom reported its data on house prices by Rightmove.

Today on Tuesday, in United States, data on housing starts, building permits, manufacturing production, industrial production and capacity utilization was reported. In United Kingdom, data on retail price index and consumer price index was reported.

On Wednesday, in United States, data on mortgage applications and inventories data on crude oil, gasoline and distillates will be reported by US Department of Energy. In United Kingdom, official figures on jobless claims, claimant count rate, average weekly earnings and unemployment rate is expected while Bank of England will release the minutes of its latest monetary policy meeting.

On Thursday, United States will report several economic indicators including data on weekly jobless claims, continuing claims, economic expectations, consumer comfort, existing home sales, index of leading economic indicators and natural gas supplies by Energy Information Administration.

On Friday, in United States, meeting of G-20 finance ministers is to take place while the American Petroleum Institute will publish its monthly report. In United Kingdom, data on retail sales will be published.

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Euro Outlook for Week Ending April 20th


Significant economic events which could affect the trading of the pair EUR/USD for the week ending April 20th are as under:

On Monday, April 16th, in euro zone, data on Italian trade balance and government debt was released while the single currency region published its separate figures on trade balance. In United States, data on retail sales, long term TIC flows, business inventories and manufacturing was published. Moreover, US Federal Reserve’s official Bullard addressed at a public event.

Today on Tuesday, data on Germany’s economic sentiment survey by ZEW was published while the single currency region released its separate survey reports on economic sentiment and current situation along with data on consumer price index. In Spain, auction for 12 months and 18 months Treasury bills also took place. In United States, data on housing starts, building permits, manufacturing production, industrial production and capacity utilization was reported.

On Wednesday, April 18th, euro zone will report its official figure on the region’s current account and data on construction output. In United States, data on mortgage applications and inventories data on crude oil, gasoline and distillates will be reported by US Department of Energy.

On Thursday, April 19th, Italy will report its data on industrial sales and industrial orders in euro zone while in Spain auction on Treasury bonds will take place. The single currency region will report its separate data on consumer confidence.

United States will report several economic indicators including data on weekly jobless claims, continuing claims, economic expectations, consumer comfort, existing home sales, index of leading economic indicators and natural gas supplies by Energy Information Administration.

On Friday, April 20th, in euro zone, data on German producer prices is expected while IFO institute will publish its report on consumer expectations, current assessment and business climate for Germany. In United States, meeting of G-20 finance ministers is to take place while the American Petroleum Institute will publish its monthly report.

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GBP/USD Outlook for Week Ending April 6th


Major economic events to affect the trading of the pair GBP/USD for the week ending April 6th, 2012 are as under:

On Monday, In United Kingdom, data on purchasing managers’ index, Lloyds Business Barometer and hometrack housing survey was released while Bank of England reported data on housing equity withdrawal. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today. In United Kingdom, data on purchasing manager index for construction sector was released.

On Wednesday, United Kingdom is to report its official figure on country’s reserves along with data on BRC shop price index and purchasing managers’ index for services sector. In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA. In United Kingdom, data on Halifax house price, manufacturing production and industrial production is expected while the Bank of England will report its assets purchase target and interest rate decision. In England estimate on gross domestic production will be also published by NIESR.

On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

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Significant Economic Factors to Impact the Pair EUR/USD


List of major economic events to affect the trading of the pair EUR/USD for the week ending April 6th, 2012 are as under:

On Monday, April 2nd, purchasing managers’ index for Italy, Germany and France was released in euro zone while the single currency region published its separate report on unemployment rate. Italy also reported its data on new car registration and budget balance. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today.

On Wednesday, April 4th, 2012, purchasing managers’ index for services sector will be released in Germany, France and Italy while the a separate figure of PMI for composite and services sector will be released in the euro zone. Germany is to report its data on Factory orders while Italy will publish its deficit to GDP ratio. Moreover, data on retail sales is also expected in the euro zone.

In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, April 5th, data on German industrial production will be reported in the euro zone while in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA.

On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

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