🗓 Important upcoming events and publications for February 4 (GMT):
🇪🇺 10:00 Eurozone Producer price index rarely causes a big surge of #EUR volatility. Nevertheless, PPI is a reliable inflationary indicator. The index is expected to fall by 0.7%, developing a marked inflation deceleration in the region. A sharper decline may cause pressure on a single currency.
🇺🇸 15:00 U.S. Factory Orders may disrupt the quiet #USD trading process amid the lack of other news. It is expected a 0.3% increase. Sharper growth is often seen as a sign of economic strength and can support the dollar.
Visit https://fxpro.news/economic-calendar/ for more details.
🇪🇺 10:00 Eurozone Producer price index rarely causes a big surge of #EUR volatility. Nevertheless, PPI is a reliable inflationary indicator. The index is expected to fall by 0.7%, developing a marked inflation deceleration in the region. A sharper decline may cause pressure on a single currency.
🇺🇸 15:00 U.S. Factory Orders may disrupt the quiet #USD trading process amid the lack of other news. It is expected a 0.3% increase. Sharper growth is often seen as a sign of economic strength and can support 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.
🗓 Important upcoming events and publications for February 6 (GMT):
🇺🇸 13:30 The U.S. trade balance is in the markets focus due to Trump's attention to trade agreements. The desire to increase purchases before the introduction of elevated tariffs exacerbated the deficit by the end of last year. The truce in the trade war allows economists to predict some deficit reduction that may put some support to the #USD.
🛢15:30 U.S. Crude oil inventories data can increase #Brent and #WTI volatility. This time it is expected the increase by 1.3M barrels. Decline or weaker growth can support oil, pointing to the high demand for crude in the United States. In addition, the Crude Oil can also be affected by the level of production, which reached a record 11.9M barrels per day.
Visit https://fxpro.news/economic-calendar/ for more details.
🇺🇸 13:30 The U.S. trade balance is in the markets focus due to Trump's attention to trade agreements. The desire to increase purchases before the introduction of elevated tariffs exacerbated the deficit by the end of last year. The truce in the trade war allows economists to predict some deficit reduction that may put some support to the #USD.
🛢15:30 U.S. Crude oil inventories data can increase #Brent and #WTI volatility. This time it is expected the increase by 1.3M barrels. Decline or weaker growth can support oil, pointing to the high demand for crude in the United States. In addition, the Crude Oil can also be affected by the level of production, which reached a record 11.9M barrels per day.
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.
The head of the Reserve Bank of Australia provoked the Australian currency selloff on Wednesday morning. AUDUSD loses 1.6% after Philip Low's comments on the Central Bank readiness to consider rate cuts. These 180 degrees turn compare to the previous rhetoric came as a surprise to the markets. Earlier the RBA noted that it was choosing the right moment to raise rates from a historical low.
Softness back in vogue for Central Bankers
From the beginning of the year, in official comments, the Fed made it clear that they were not sure about further rate increases, the ECB noted the need to monitor the situation and indicated that they did not want to rush to increase rates and were generally concerned about the economic slowdown.
The central banks of developing countries altogether moved to active steps in their policy. The National Bank of China reduced reserve requirements, which is another form of policy easing. In Armenia and Georgia, central banks cut rates in January. Most economists expect rate cuts in the near future in Thailand, Philippines, and India. In Indonesia, the Central Bank also sharply softened the rhetoric, despite strong economic data.
Thus, most central banks either try to defuse the situation or in fact resort to stimulating the economy through policy easing. This is positive news for the stock markets of these countries and contributes to a positive attitude in global indices.
Read more
From the beginning of the year, in official comments, the Fed made it clear that they were not sure about further rate increases, the ECB noted the need to monitor the situation and indicated that they did not want to rush to increase rates and were generally concerned about the economic slowdown.
The central banks of developing countries altogether moved to active steps in their policy. The National Bank of China reduced reserve requirements, which is another form of policy easing. In Armenia and Georgia, central banks cut rates in January. Most economists expect rate cuts in the near future in Thailand, Philippines, and India. In Indonesia, the Central Bank also sharply softened the rhetoric, despite strong economic data.
Thus, most central banks either try to defuse the situation or in fact resort to stimulating the economy through policy easing. This is positive news for the stock markets of these countries and contributes to a positive attitude in global indices.
Read more
FxPro News
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The head of the Reserve Bank of Australia provoked the Australian currency selloff on Wednesday morning. AUDUSD loses 1.6% after Philip Low's comments...
🗓 Important upcoming events and publications for February 7 (GMT):
🇪🇺 09:00 The ECB Economic Bulletin is published two weeks after the monetary policy meeting and contains the data on which the central bank relies in its decision. In addition, an hour later the European Commission publishes its economic forecasts. Market attention is currently focused on the euro-region economy slowing. Weaker forecasts can provoke increased pressure on the #EUR.
🇬🇧 12:00 The Bank of England rate decision and the quarterly Inflation Report will be closely scrutinized by market participants and may provoke a surge of volatility with #GBP pairs. All attention is paid to inflation forecasts and estimates of the consequences of withdrawal from the EU. Half an hour later, the press conference of the head of the BoA Mark Carney will take place, which is also likely to increase the fluctuations in pairs with a pound.
🇺🇸 13:30 U.S. Unemployment claims attract the market's attention due to the high indicator fluctuations in previous weeks: after the fall from 212K to 200K, last week there was a leap to 253K. This can be a sign of an indicator reversal to growth.
Visit https://fxpro.news/economic-calendar/ for more details.
🇪🇺 09:00 The ECB Economic Bulletin is published two weeks after the monetary policy meeting and contains the data on which the central bank relies in its decision. In addition, an hour later the European Commission publishes its economic forecasts. Market attention is currently focused on the euro-region economy slowing. Weaker forecasts can provoke increased pressure on the #EUR.
🇬🇧 12:00 The Bank of England rate decision and the quarterly Inflation Report will be closely scrutinized by market participants and may provoke a surge of volatility with #GBP pairs. All attention is paid to inflation forecasts and estimates of the consequences of withdrawal from the EU. Half an hour later, the press conference of the head of the BoA Mark Carney will take place, which is also likely to increase the fluctuations in pairs with a pound.
🇺🇸 13:30 U.S. Unemployment claims attract the market's attention due to the high indicator fluctuations in previous weeks: after the fall from 212K to 200K, last week there was a leap to 253K. This can be a sign of an indicator reversal to growth.
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.
Today, at 12:00 GMT the Bank of England will be presenting the interest rate decision, the Monetary Policy Summary and the quarterly Inflation report.
This is what’s called BoE's Super Thursday, as a number of important announcements are being published at the same time.
Moreover half an hour later, Mark Carney, the BoE's Governor is expected to hold a press conference.
Increased volatility on the world markets makes trading risky for the investors that can lead either to profit or loss. Investors must always be sure that they have enough margin on their trading accounts.
For the beginners we recommend to follow this market event on Demo account
Join us!
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.
This is what’s called BoE's Super Thursday, as a number of important announcements are being published at the same time.
Moreover half an hour later, Mark Carney, the BoE's Governor is expected to hold a press conference.
Increased volatility on the world markets makes trading risky for the investors that can lead either to profit or loss. Investors must always be sure that they have enough margin on their trading accounts.
For the beginners we recommend to follow this market event on Demo account
Join us!
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.
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Today's package of statistics from Europe has become another confirmation of the business activity downturn. German industrial production fell by 0.4% in December vs expected 0.8% growth. Against the last year, the decline is 3.9%. France’s trade balance, retail sales in Italy also showed a decline and were noticeably worse than expected.
Not surprisingly, after the publication of such data, the euro continued to decline against the dollar to an area of 2-week lows around 1.1340.
Not surprisingly, after the publication of such data, the euro continued to decline against the dollar to an area of 2-week lows around 1.1340.
The Fed’s patience is not enough anymore to stop EURUSD decline
Economic data can't be changed as fast as the rhetoric of central bankers. In this regard, the dollar growth momentum against the euro persists all the time until we see relatively stable data from the US in contrast with all the new signs of the growth slowdown in Europe.
Read more
Economic data can't be changed as fast as the rhetoric of central bankers. In this regard, the dollar growth momentum against the euro persists all the time until we see relatively stable data from the US in contrast with all the new signs of the growth slowdown in Europe.
Read more
FxPro News
FxPro Blog for forex traders
Despite the fact that the report on the US labour market did not cause a powerful wave of dollar purchases, it still spawned a trend to strengthen aga...