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Tag Archive | "unemployment rate"

GBP/USD Outlook for the Week Ending September 7th


Major factors to affect the trading of the pair GBP/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3rd, markets remained closed in United in observance of Labor Day while United Kingdom reported its data on purchasing managers’ index and Lloyds Business barometer.

On Tuesday, United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid. United Kingdom published its figure on purchasing managers’ index for services & construction sector along with data on house prices.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while United Kingdom will report its data on PMI for services and official reserves.

On Thursday, in United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas. In UK, the Bank of England is expected to announce its interest rate decision and asset purchase target.

On Friday, in United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released. In United Kingdom data on industrial production, manufacturing production and producer price index will be reported.

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EUR/USD Outlook for the Week Ending September 7th


Important economic events to affect the pair EUR/USD for the week ending September 7th, 2012 are as follows:

On Monday, September 3rd, markets remained closed in United in observance of Labor Day while in euro zone, Italy, Germany and France reported their data on purchasing managers’ index for manufacturing sector while a separate PMI was released for the single currency region.

On Tuesday, September 4th, 2012, data on producer price index was released in the euro zone while United States came up with data on purchasing managers’ index and construction spending. Institute of Supply and Management and also released its manufacturing data and figure on prices paid.

On Wednesday, data on vehicle sales, MBA mortgage applications, unit labor costs and non-farm productivity will be published in United States while in the euro zone, Italy, France and Germany will release its figures on purchasing managers’ index for services sector while a separate PMI for services sector will be released for the euro zone. The single currency region will also publish its data on retail sales.

On Thursday, September 6th, 2012, data on gross domestic product, household consumption, government expenditure and gross fixed capital will be released in the euro zone while the European Central Bank will announce its interest rate decision. Germany will also report data on its factory orders. In United States, official data on job cuts, consumer outlook index, employment change, initial jobless claims, continuing claims and manufacturing data by Institute of Management and Supply will be published. Moreover, the Energy Information Administration will release its weekly inventories report on crude oil, gasoline, distillates and natural gas.

On Friday, September 7th, 2012, Germany is expected to report its data on wholesale price index, trade balance, labor costs, current account, imports, exports and industrial production. In United States, data on change in manufacturing payrolls, full time employment change, unemployment rate, average hourly earnings, change household employment, underemployment rate, change in private payrolls and change in average hourly earnings is to be released.

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GBP/USD Outlook for Week Ending July 6th


List of major events to affect the trading of the pair GBP/USD for the week ending July 6th, 2012 is as under:

On Monday, in United States, data on ISM manufacturing, ISM prices paid, construction spending and PMI was published. Further US Federal Reserve’s official Williams addressed at an event in San Francisco. In United Kingdom, purchasing managers index for manufacturing sector was reported along with data on hometrack housing survey and Lloyds business barometer.

On Tuesday, in United States data on factory orders and New York’s ISM was published. In United Kingdom, data on M4 money supply, mortgage approvals, net lending on Dwellings, net consumer credit and purchasing managers’ index for construction was published.

On Wednesday, July 4th, 2012, markets in United States remained closed in observance of Independence Day. In the United Kingdom, official data on changes in reserves was released with the Bank of England published its data on equity withdrawal.

On Thursday, in the United States, data on MBA mortgage applications, job cuts, ADP employment change, continuing claims, initial jobless claims and data on ISM’s non-manufacturing composite index is to be reported. Moreover, the Energy Information Administration is expected to release its report on crude oil, gasoline and distillates inventories.

In United Kingdom, data on Halifax House price was reported while the Bank of England announced its decision on interest rate.

On Friday, in United States, data on household employment change, net change in employment, change in manufacturing payrolls, unemployment rate, average hourly earnings, private payrolls, non-farm payrolls, underemployment rate, average weekly hours and participation rate will be reported. Moreover, the EIA will release its report on natural gas inventories. Canada is expected to report its data on unemployment rate, part time employment change, building permits, participation rate and purchasing managers’ index.

In United Kingdom, data on producer price index output and input is to be reported. In Switzerland, data on foreign currency reserves and consumer price index will be reported.

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EUR/USD Outlook for Week Ending July 6th


Weekly outlook for the pair EUR/USD for the period ending July 6th, 2012, are as under:

On Monday, July 2nd, Italy, France and Germany released their purchasing managers’ index for manufacturing sector while separate PMI was reported for the euro region.  Moreover, unemployment rate for the euro zone and Italy was reported. In United States, data on ISM manufacturing, ISM prices paid, construction spending and PMI was published. Further US Federal Reserve’s official Williams addressed at an event in San Francisco.

On Tuesday, the euro zone reported its producer price index while in United States data on factory orders and New York’s ISM was published.

On Wednesday, July 4th, 2012, markets in United States remained closed in observance of Independence Day while In the euro zone, PMI for services sector was released in Italy, France and Germany. A separate PMI composite was released in the euro zone along with data on retail sales. Italy also reported its deficit to GDP ratio.

Today on Thursday, in the euro zone, Germany came up with data on factory orders while the European Central Bank released its interest rate decision. In the United States, data on MBA mortgage applications, job cuts, ADP employment change, continuing claims, initial jobless claims and data on ISM’s non-manufacturing composite index is to be reported. Moreover, the Energy Information Administration is expected to release its report on crude oil, gasoline and distillates inventories.

On Friday, July 6th, 2012, Germany will report its data on industrial production in the euro zone. In United States, data on household employment change, net change in employment, change in manufacturing payrolls, unemployment rate, average hourly earnings, private payrolls, non-farm payrolls, underemployment rate, average weekly hours and participation rate will be reported. Moreover, the EIA will release its report on natural gas inventories.

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British Pound Outlook for the Week Ending June 1st


Major economic events to affect the trading of the British Pound versus the US dollar for the week ending June 1st, 2012 are as follows:

On Monday, May 28th, 2012, market in United States remained closed in observance of the Memorial Day while United Kingdom released its report on Hometrack Housing Survey.

On Tuesday, May 29th, 2012, In United States, data on S&P/Case-Shiller US Home Price Index was released along with data on consumer confidence and manufacturing activity by Dallas’ Federal Reserve. United Kingdom reported its data on UBS Consumption Indicator.

On Wednesday, May 30th, 2012, United States, released its data on MBA mortgage applications and pending home sales while US Federal Reserves’ officials, Dudley and Fisher separately spoke on economy at public events in New York and San Antonio respectively. In United Kingdom, data on M4 money supply, mortgage approvals, net consumer credit and net lending on dwellings was produced.

On Thursday, May 31st, United Kingdom will report its data on house prices and consumer confidence survey by Gfk. In United States, several reports will be published which will include data on job cuts, consume outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Moreover, Energy Information Administration will release its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, In United Kingdom, PMI for manufacturing sector is expected. In United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be released. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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EUR/USD Outlook for the Week Ending June 1st


The weekly outlook for the pair EUR/USD for the period ending June 1st, 2012 is as under:

On Monday, markets in United States remained closed in observance of the Memorial Day while n the euro zone, data on Italian business confidence was reported

On Tuesday, May 29th, 2012, Germany’s import price index and consumer price index was released in the single currency region. In United States, data on S&P/Case-Shiller US Home Price Index was published along with data on consumer confidence and manufacturing activity by Dallas Federal Reserve.

On Wednesday, May 30th, 2012, data on M3 money supply, industrial confidence, economic confidence, consumer confidence, business climate indicators and service confidence was published in the euro zone while United States, released its data on MBA mortgage applications and pending home sales. The US Federal Reserves’ officials, Dudley and Fisher also separately spoke on economy at public events in New York and San Antonio respectively.

On Thursday, May 31st, Germany is expected to report its data on retail sales, unemployment change and unemployment rate. The euro zone will release its separate data on the region’s consumer price index. In the U.S., several reports are expected which will include data on job cuts, consumer outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Further, Energy Information Administration will report its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, Italy, France and Germany will report their purchasing managers’ index for the manufacturing sector while euro zone will publish its separate PMI for the manufacturing sector and data on unemployment rate. Italy is expected to produce its data on unemployment rate and the budget balance. In the United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be reported. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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