What is it? Data represents the quarterly value compared to the same quarter a year earlier. Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment. It's the broadest measure of economic activity and the primary gauge of the economy's health.

When? At 10:00pm Eastern Time.

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

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

  

What is it? Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

When? At 08:30am Eastern Time.

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

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

What is it? BOE Governor Jul 2013 - Jun 2018. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? At 07:45am Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

1. Wall Street opened sharply higher on Monday after euro zone leaders reached an agreement with Greece to move forward with a third bailout loan for the country to avert bankruptcy.

Greece won conditional agreement to receive a possible $95 billion over three years, along with an assurance that euro zone finance ministers would start discussing ways to bridge a funding gap until a bailout – subject to parliamentary approvals – is finally ready.

2. The Canadian dollar was lower against the greenback in early trade on Monday as investors turned their attention back to prospects for higher U.S. interest rates after euro zone leaders reached an agreement on a bailout for Greece.

USD/CAD was last up 0.77% to 1.2756, recovering from Friday’s lows of 1.2653.

3. U.S. natural gas prices rose to a one-week high on Monday, as forecasts for the next two weeks turned warmer, boosting near-term demand expectations for the heating fuel.

Natural gas for delivery in August hit a session peak of $2.855 per million British thermal units on the New York Mercantile Exchange, the most since July 3, before trading at $2.846 during U.S. morning hours, up 7.6 cents, or 2.76%.

4. The euro fell to session lows against the broadly stronger dollar on Monday as markets reacted to news that euro zone leaders hammered out an agreement on a bailout for Greece as long as Athens can implement stringent austerity measures in the coming days.

The euro briefly touched session highs following initial reports of a deal before giving up gains and turning lower

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

A deal is agreed - There will be no 'Grexit'

Guess how much our members profited?

World's top 10 economies in just 35 years' time!

Follow us and SHARE this story on Facebook:   

 

 

 

 

What is it? During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament's Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets.

When? At 5:15am Eastern Time.

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

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

 

What is it? It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity. Survey of about 275 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany.

When? At 5:00am Eastern Time.

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

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

Subcategories

Please publish modules in offcanvas position.