Market Trends

US weekly jobless claims total 244,000 vs 242,000 estimate

United States Initial Jobless Claims Data | Chart | Calendar source: tradingeconomics.com BUZ INVESTORS  US weekly jobless claims  The number of Americans filing for unemployment benefits increased by 10 thousand to 244 thousand in the week ended April 15th 2017 from the previous week’s unrevised level of 234 thousand and above market expectations of 242 thousand. […]

USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports
Forex News

USDJPY Weekly Forecast February 27-March 3

USDJPY Weekly Forecast February 27-March 3 USDJPY Buz Investors USDJPY Weekly Forecast This morning, at 10:40 GMT, the US Dollar is trading at 112.23 against the Yen, 0.1% higher from the New York close. Moving ahead, market participants await the release of Japan’s industrial production, retail trade and large retailers’ sales, all due to release […]

There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. The market is likely to be most active from Wednesday through to Friday. U.S. Dollar It will be a reasonably light week for the greenback after a slow start, beginning on Wednesday, with the release of Crude Oil Inventories. Thursday will see the release of Unemployment Claims numbers. Finally, on Friday we will have Preliminary UoM Consumer Sentiment data. Australian Dollar It will be a busy and important week for the Aussie, starting on Monday with the release of Retail Sales data. Tuesday brings the monthly RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be making a minor speech, then finally on Friday the RBA Monetary Policy Statement will be released. New Zealand Dollar It will be a busy and important week for the Kiwi following Monday’s public holiday, starting on Tuesday with the release of Inflation Expectations data and the GDT Price Index. Wednesday brings the monthly RBNZ Rate Statement and Official Cash Rate, followed by the usual press conference. On Thursday, the Governor of the RBNZ will be testifying before Parliament. Chinese Yuan Friday will see a release of Trade Balance data. Canadian Dollar It will be a normal week for the Loonie, starting with Tuesday’s release of Trade Balance data, followed by Employment Change and Unemployment Rate numbers on Friday. British Pound It will be a quiet week for the Pound, with nothing of high impact scheduled except Manufacturing Production data on Friday.
Forex News

Weekly Economic & Political Timeline

Weekly Economic & Political Timeline Buz Investors Political Timeline There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. […]