Important upcoming events and publications for January, 3 (GMT):
09:30 U.K. Construction PMI is able to influence on the pairs with GBP. Activity in the construction and housing is a reliable barometer of business activity in Britain. It is expected to decline from 53.4 to 52.9, reflecting slowing growth. Data below expectations can bring pressure to the British currency.
13:15 U.S. ADP Employment report attracts the attention of market participants and can increase USD volatility in case of deviation from expectations (179k). The weak data would strengthen the nervousness, assuming the United States economy slowdown. Strong data, by contrast, are likely to spur demand for the dollar.
15:00 U.S. Manufacturing ISM is one of the most important indicators of business activity in the country. The publication may seriously spur volatility in pairs with USD and on stock markets. It is expected to decrease from a very high level at 59.3 to 58.2. A more dramatic decline could prove unfavorable to the dollar.
See the detailed Economic calendar here
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies