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What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

When? December 8th at 3:15am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the CHF to rise.

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


 1) Jobs and Wages

The November jobs report is due out at 8:30am ET. The consensus forecast from economists surveyed by CNNMoney is for a gain of 228,000 jobs.

That would be up from the 214,000 jobs added in October, when the unemployment rate fell to 5.8%.

The US economy is on track to record its best year for job growth since 1999, but wages are still struggling once inflation is taken into account.


2) Europe Bounces Back

European markets recovered from the disappointment of Thursday's inaction by the European Central Bank, helped by news of surprisingly strong German industrial orders in October and in anticipation of healthy US jobs data.

Germany's DAX was up 1.3% in morning trade, and other major regional indexes posted similar gains. Asian markets had a mixed session.

US stock futures were narrowly firmer.


3) Market Recap

US stocks closed slightly lower Thursday. The Dow gave back 12 points, while the S&P 500 and Nasdaq both slid about 0.1%.


4) Stock Market Movers

Shares in Gap (GPS) gained 3.4% in after-hours trade, boosted by a 6% increase in net sales in November. Its Old Navy brand performed well, the company said.

Big Lots (BIG) will report quarterly earnings before the opening bell.

 

Talk to us to get get FREE signals and start earning now: 

 

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What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? December 5th at 8:30am Eastern Time.

 

Trading Tip: If the number is lower than the forecast, you can expect the USD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 04/12

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What is it? It checks the difference in value between imported and exported goods and services during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

When? December 5th at 8:30am Eastern Time.

 

Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 04/12

The Importance of Diversification

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