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Tag Archive | "US economy"

GBP/USD Outlook for the Week Ending June 15th


Major economic factors to affect the trading of the pair GBP/USD for the week ending June 15th, 2012 are as follows:

On Monday, United Kingdom came up with data on employment confidence. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco. In United Kingdom, data on industrial production and manufacturing production was produced along with gross domestic product growth rate.

On Wednesday, In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published. On Friday, United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan while in United Kingdom, data on trade balance will be published.

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EUR/USD Outlook For the Week Ending June 15th


Weekly outlook for the pair EUR/USD for the period ending June 15th, 2012 is as under:

On Monday, France reported its data on industrial production and manufacturing production in the euro zone. Italy also reported its official figures on gross domestic product. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, June 12th, 2012, France reported its data on non-farm payrolls while Germany published its outlook on manpower employment for the third quarter. The European Central Bank also released its financial stability review on Tuesday. United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco.

On Wednesday, June 13th, 2012, data on consumer price index is expected in the Germany while the euro zone is to release its data on industrial production. In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, June 14th, 2012, Germany will report its data on wholesale price index while Italy will produce its data on general government debt. Data on labor costs and consumer price index will be published for the euro zone while the European Central Bank will release its monthly report for June. In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published.

On Friday, June 15th, in euro zone, data employment, trade balance and new cars registrations is expected. United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan.

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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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Factors to Affect the British Pound


Important factors that can affect the movement of British Pound against the US dollar for the week ending March 16th, 2012 are as follows:

On Monday, in United States, monthly budget statement was published. United Kingdom reported its data on employment confidence. On Tuesday, in United Kingdom, data on country’s trade balance and house prices was reported along with data on house prices. In United States, data on retail sales and business inventories was reported while NFIB released its data on Small Business Optimism. IBD/TIPP released its data on economic optimism in US. Moreover, US Federal Open Market Committee announced its rate decision.

On Wednesday, in United States, data on mortgage applications, import price index, current account balance and inventories data by US Department of Energy is to be released. Moreover, US Federal Reserve’s Chairman Ben Bernanke will address to community bankers in Nashville which will be closely watched to get hints for future direction of monetary policy. In United Kingdom, data on unemployment rate, average weekly earnings, jobless claims change and claimant count rate will be published.

On Thursday, in United States, data on producer price index, initial jobless claims, continuing claims, TIC flows and natural gas inventories data by Energy Information Administration will be published.

On Friday, in United States, data on consumer price index, industrial production and capacity utilization will be released.

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Weekly Outlook EUR/USD


Significant events to affect the pair EUR/USD for the week ending March 16th, 2012 are as follows:

On Monday, March 12th, 2012, Germany’s wholesale price index was reported in the euro zone while Italy reported its data on gross domestic product. In United States, monthly budget statement was published.

On Tuesday, March 13th, 2012, data on French consumer price index and current account was reported in the euro zone. Italy also published its data on CPI index while ZEW survey on economic sentiment was published for both the Germany and the euro zone. In United States, data on retail sales and business inventories was reported while NFIB released its data on Small Business Optimism. IBD/TIPP released its data on economic optimism in US. Moreover, US Federal Open Market Committee announced its rate decision.

On Wednesday, data on consumer price index and industrial production will be released in the euro zone. In United States, data on mortgage applications, import price index, current account balance and inventories data by US Department of Energy is to be released. Moreover, US Federal Reserve’s Chairman Ben Bernanke will address to community bankers in Nashville which will be closely watched to get hints for future direction of monetary policy.

On Thursday, March 15th, European Central Bank will publish its monthly report. Italy reported its general government debt while the single current region published its separate data on employment and labor costs. In United States, data on producer price index, initial jobless claims, continuing claims, TIC flows and natural gas inventories data by Energy Information Administration.

On Friday, March 16th, data on Italian trade balance and current account will be published while euro zone will release its separate figure on the region’s trade balance. In United States, data on consumer price index, industrial production and capacity utilization will be released.

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