Key Data And Events For The Week Ahead
This week there are some major events taking place which will effect Forex markets across the globe along with the release of key economic data which is why we have compiled a list of Key Data And Events For The Week Ahead to keep you one step ahead of the game. These global events will doubtlessly have impacts at online Forex brokers such as HY Markets, meaning that you can be in the right place at the right time to make those killer trades.
Tuesday: The US will release the Case-Shiller home price index and consumer confidence report on Tuesday, which will certainly have an affect US dollar pairs one way or another. France will also release its consumer confidence report along with Germany’s GfK confidence and German import prices, while the UK is due to release its home loan figures too. Continuing a busy day on Tuesday, Japan is to release its retail trade figures while Australia will release PPI and business confidence figures too.
Wednesday: Australia and Germany’s CPI’s are due on Wednesday along with Canada’s home prices and in New Zealand the RBNZ rate decision will be made with the bank expected to leave rates on hold at 2.5% until July.
Thursday: The US’ jobless claims figures are due Thursday along with the Eurozone consumer confidence and German employment numbers. Thursday also brings us the UK’s consumer confidence figures plus Japan’s manufacturing PMI, employment, consumer prices and industrial production data.
Friday: Friday comes the turn of the Chicago PMI and the University of Michigan confidence index which will affect the price of the dollar once again, while the Eurozone employment data, French PPI, Canada’s monthly GDP and Australia’s new home sales are also due on Friday.
So there’s plenty for all of you Forex traders to get your teeth into this coming week and one of the very best places for you to trade Forex is HY Markets. HY Markets has some of the tightest spreads found anywhere on the internet and this leading Forex broker also employs the award-winning MetaTrader trading platform, allowing you to trade Forex as simply and easily as possible.
Visit www.hymarkets.com to see for yourself why HY Markets is one of the most popular and most trusted Forex trading sites on the internet.
