🗓 Important upcoming events and publications for January, 4 (GMT):
🇩🇪 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due to today's publication of American Non-farm payrolls, data from Germany may not cause a sharp reaction #EUR. However, investors and traders will take this information into account, which could hit the euro if unexpectedly weak data is released.
🇬🇧 09:30 U.K. Services PMI and Composite index often have a significant impact on the dynamics of the #GBP at the time of release. During the previous three months, the index slowed sharply, coming close to the area around 50, which separates growth from fall. December data is expected to show an increase from 50.4 to 50.8.
🇺🇸13:30 U.S. Employment report is the most important economic release for markets on Friday. This is one of the most difficult to predict indicators. Significant deviation from expectations (181K) is able to cause wild market swings, affecting stocks, commodities and currency pairs with #USD. ADP Employment report in the private sector significantly exceeded expectations (271K vs 179K), probably slightly increased market expectations for NFP.
🇨🇦13:30 Employment data from Canada will be overshadowed by the publication from the United States. However, investors and traders will take this information into account, which may hit the #CAD in case of unexpectedly weak data.
🇺🇸 15:15 Speech of the Fed chairman Jerome Powell, together with his two predecessors, Janet Yellen and Ben Bernanke, in an interview can be a trigger for a new burst of market volatility, as it may have hints to change the tone of the FOMC to a softer, or, on the contrary, to confirm the mood for the further increase of rates, while markets put 40% probability of rate cut (!) in 2019.
Visit https://fxpro.news/economic-calendar/ for more details.
🇩🇪 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due to today's publication of American Non-farm payrolls, data from Germany may not cause a sharp reaction #EUR. However, investors and traders will take this information into account, which could hit the euro if unexpectedly weak data is released.
🇬🇧 09:30 U.K. Services PMI and Composite index often have a significant impact on the dynamics of the #GBP at the time of release. During the previous three months, the index slowed sharply, coming close to the area around 50, which separates growth from fall. December data is expected to show an increase from 50.4 to 50.8.
🇺🇸13:30 U.S. Employment report is the most important economic release for markets on Friday. This is one of the most difficult to predict indicators. Significant deviation from expectations (181K) is able to cause wild market swings, affecting stocks, commodities and currency pairs with #USD. ADP Employment report in the private sector significantly exceeded expectations (271K vs 179K), probably slightly increased market expectations for NFP.
🇨🇦13:30 Employment data from Canada will be overshadowed by the publication from the United States. However, investors and traders will take this information into account, which may hit the #CAD in case of unexpectedly weak data.
🇺🇸 15:15 Speech of the Fed chairman Jerome Powell, together with his two predecessors, Janet Yellen and Ben Bernanke, in an interview can be a trigger for a new burst of market volatility, as it may have hints to change the tone of the FOMC to a softer, or, on the contrary, to confirm the mood for the further increase of rates, while markets put 40% probability of rate cut (!) in 2019.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
⚠️ News alert!
At 08:55 GMT Germany Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 08:55 GMT Germany Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
⚠️ News alert!
At 09:30 GMT U.K. Services PMI will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 09:30 GMT U.K. Services PMI will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Payrolls and Powell can help markets to choose their direction
This Friday is the labor data day with most important statistics from the U.S. and less than two hours later Powell will speak.
So, markets can get both the reason and the formal confirmation of the Fed's course change towards greater softness. Or, on the contrary, to say goodbye to hopes for Fed's softer tone.
Read more
This Friday is the labor data day with most important statistics from the U.S. and less than two hours later Powell will speak.
So, markets can get both the reason and the formal confirmation of the Fed's course change towards greater softness. Or, on the contrary, to say goodbye to hopes for Fed's softer tone.
Read more
FxPro News
FxPro Blog for forex traders
This Friday is the labor data day. We will see such data are coming out from Germany, Canada and the USA. The latest release is the most important for...
⚠️ News alert!
At 13:30 GMT U.S. Employment report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 13:30 GMT U.S. Employment report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Very strong employment data from the U.S.!
Non-Farm Employment +312K vs expected +181K
Manufacturing Employment + 32 vs expected + 20K
Average hourly earnings +0.4% m/m, 3.2% y/y, much better expected +0.3% m/m 3.0% y/y
------
The rise of unemployment from 3.7% to 3.9% should not be misleading, as it was together with the growth of the Participation Rate on the same 0.2 percentage point.
This is a positive news for the dollar, which added 0.4% in the first minutes after the publication.
Such strong growth has the potential to mitigate fears around the growth of the US economy by supporting the demand for risky assets.
Now the main question is how Powell will comment these figures at 15:15 GMT. Will he seize the chances to set up markets for two rate hikes in 2019, although the markets are not expecting no changes or even cut?
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Non-Farm Employment +312K vs expected +181K
Manufacturing Employment + 32 vs expected + 20K
Average hourly earnings +0.4% m/m, 3.2% y/y, much better expected +0.3% m/m 3.0% y/y
------
The rise of unemployment from 3.7% to 3.9% should not be misleading, as it was together with the growth of the Participation Rate on the same 0.2 percentage point.
This is a positive news for the dollar, which added 0.4% in the first minutes after the publication.
Such strong growth has the potential to mitigate fears around the growth of the US economy by supporting the demand for risky assets.
Now the main question is how Powell will comment these figures at 15:15 GMT. Will he seize the chances to set up markets for two rate hikes in 2019, although the markets are not expecting no changes or even cut?
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
🗓 Important upcoming events and publications for January, 7 (GMT):
🇪🇺 10:00 Eurozone Retail Sales rarely spark a big volatility for #EUR. However, recently markets have focused their attention to the region's data, fearing signs of an unnecessarily abrupt economic cooling. The decline in sales can negatively affect the euro.
🇺🇸15:00 U.S. Non-manufacturing ISM is one of the most important indicators of business activity in the country. This publication can seriously spur volatility in pairs with #USD and in the stock markets. It is expected to fall from a very high level at 60.7 to 59.0. A sharper decline may be unfavorable for the dollar.
Visit https://fxpro.news/economic-calendar/ for more details.
🇪🇺 10:00 Eurozone Retail Sales rarely spark a big volatility for #EUR. However, recently markets have focused their attention to the region's data, fearing signs of an unnecessarily abrupt economic cooling. The decline in sales can negatively affect the euro.
🇺🇸15:00 U.S. Non-manufacturing ISM is one of the most important indicators of business activity in the country. This publication can seriously spur volatility in pairs with #USD and in the stock markets. It is expected to fall from a very high level at 60.7 to 59.0. A sharper decline may be unfavorable for the dollar.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
News from the US sharply increased market growth and put pressure on the dollar at the end of last week. If, as a result of today's trade negotiations between the United States and China, significant progress can be achieved, it can be said that the markets are in a Goldilocks situation. Read more
🗓 Important upcoming events and publications for January, 8 (GMT):
🇩🇪 07:00 Germany Industrial production rarely spark a big volatility for #EUR. However, recently markets have focused their attention to the region's data, fearing signs of an unnecessarily abrupt economic cooling. In this case, analysts expect production decline in November by 0.8% y/y.
🇬🇧 08:30 U.K. HBOS House Price index is expected to confirm the sharp cooling of the growth to just 0.4% y/y. Weak data can put some pressure on #GBP, becoming an additional sign of economic slowdown.
🇺🇸 13:30 U.S. Trade Balance is closely monitored by the markets, as trade wars are the focus of market participants. Trade deficit has increased over the past year, but November data is expected to be slightly reduced from 55.5B to 54.0B. Any deviations from expectations can have a short-term impact on the dynamics of #USD.
Visit https://fxpro.news/economic-calendar/ for more details.
🇩🇪 07:00 Germany Industrial production rarely spark a big volatility for #EUR. However, recently markets have focused their attention to the region's data, fearing signs of an unnecessarily abrupt economic cooling. In this case, analysts expect production decline in November by 0.8% y/y.
🇬🇧 08:30 U.K. HBOS House Price index is expected to confirm the sharp cooling of the growth to just 0.4% y/y. Weak data can put some pressure on #GBP, becoming an additional sign of economic slowdown.
🇺🇸 13:30 U.S. Trade Balance is closely monitored by the markets, as trade wars are the focus of market participants. Trade deficit has increased over the past year, but November data is expected to be slightly reduced from 55.5B to 54.0B. Any deviations from expectations can have a short-term impact on the dynamics of #USD.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
Trade wars and protectionism may help cryptocurrency in the long run
Trade wars, protectionism, technological isolation and increasingly tight control over financial flows may well become a pillar for the growth of interest in digital assets, as it was 10 years ago after disappointment in the common financial system.
Read more
Trade wars, protectionism, technological isolation and increasingly tight control over financial flows may well become a pillar for the growth of interest in digital assets, as it was 10 years ago after disappointment in the common financial system.
Read more
FxPro News
FxPro Blog for forex traders
For cryptomarket the holidays passed without any significant upheavals. Unlike last year, cryptocurrency did not attract meaningful demand. Bitcoin co...