AWARDS

What is it? It check the total value of money the BOE will create and use to purchase assets in the open market.

The announcement increases demand for bonds which usually leads to lower long-term interest rates.

Usual Effect: If the number is smaller than expected, you can expect the GBP to rise.

When? October 9^th at 7:00am Eastern Time.

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

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Asian Stocks Fall - Oil Follows

Unemployment Rate (AUD) - 8/10

Employment Change (AUD) - 8/10

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What is it? It check 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.

Usual Effect: If the number is smaller than expected, you can expect the AUD to rise.

When? October 8^th at 8:30pm Eastern Time.

Trading Tip: This announcement can greatly affect the AUD, make sure to make your trades before.

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Other top stories: 

Unemployment Change (AUD) - 8/10

FOMC Meeting Minutes (USD) - 8/10

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What is it? It check the change in the number of employed people during the previous month.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Usual Effect: If the number is higher than expected, you can expect the AUD to rise.

When? October 8^th at 8:30pm Eastern Time.

Trading Tip: This announcement can greatly affect the AUD, make sure to make your trades before.

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Other top stories: 

FOMC Meeting Minutes (USD) - 8/10

Weak German Data Affects European Market

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What is it? It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.

Usual Effect: If the meeting is more aggressive than expected, you can expect the USD to rise.

When? October 8^th at 2:00pm Eastern Time.

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

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Other top stories: 

Market Review - 7/10

Weak German Data Affects European Market

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