forex week ahead

The week ahead starts off on a busy note with China's inflation figures due to come out for August. It is also a busy week for the British pound which will see the release of the monthly jobs report alongside the newly started monthly GDP figures. Data from the United States will cover the producer price and consumer price index data for the ...

2018-09-10 John Benjamin Read more
forex technical analysis 3 September

Daily Forex Market Preview, 03/09/2018 The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. Economic data on the day showed that the flash inflation estimates for the Eurozone rose at a slower pace of 2.0% on the headline and 1.0% on the core inflation rate. This was slower than the median forecasts and c...

2018-09-03 John Benjamin Read more
intraday technical analysis 6th august

Daily Forex Market Preview - 06/08/2018 The U.S. Dollar was seen trading mixed by Friday's close. The commodity risk currencies were the biggest gainers of the day including Gold, which advanced 0.52% by Friday's close. The Euro and the Pound Sterling were seen trading at weaker levels. The July Payrolls report showed that the U.S. economy a...

2018-08-06 John Benjamin Read more
technical analysis

Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely expected. This brought the short-term interest rates to 0.75%. The central bank, however, signaled that furt...

2018-08-03 John Benjamin Read more

The markets open to a busy trading week which marks the first week of the third quarter. Focus turns to some of the key economic indicators across most of the G7 currencies. Starting off the week we have the BoJ Tankan Survey where manufacturing and non-manufacturing PMI's will be released. Alongside, the UK and the Eurozone's monthly manufac...

2018-07-02 John Benjamin Read more
May Fed and RBA Meetings

The economic calendar for the week ahead is expected to push ahead with full steam. With the start of a new trading month, a number of economic releases are expected over the week. Among the number of economic releases, the May Fed and RBA Meetings about monetary policy are lined up this week. While no changes are expected from both the central ...

2018-04-30 John Benjamin Read more
March UK PMI registers slowest pace of growth

Economic activity as measured by IHS Markit's Purchase Managers Index showed a broad based decline across the manufacturing, construction and services sector in the UK during the month of March. Combined, the 'all sector PMI' that measures all three sectors was seen sliding to a 20-month low in the month of March and including weaker pace of ...

2018-04-16 John Benjamin Read more
Italian elections and US revised GDP

The week ahead will be marked with investors turning their attention to the Italian elections and US revised GDP. Although the risks are limited as far as the euro currency is concerned, any surprise results could indeed bring volatility to the markets. On the economic front, data this week will focus on the revised GDP estimates from the U.S. W...

2018-03-23 John Benjamin Read more
construction

Last week IHS Markit released the monthly UK PMI's covering the manufacturing, construction and services sector for the month of December. According to the report, the Purchase Manager's Index surveys showed that, despite the ongoing uncertainty surrounding Brexit, the activity across the sectors remained resilient. Growth was seen rising at ...

2018-01-17 John Benjamin Read more
UK Jobs_0404

Manufacturing and construction PMI slows in March Services PMI rises to the highest level this year UK all-sector PMI suggests UK’s GDP might have expanded at a pace of 0.4% in the first quarter of 2017 Weak readings in manufacturing and construction suggests worsening conditions in the coming months Consumer-focused services saw...

2017-04-07 John Benjamin Read more