Daily Market Review - 05/06
- Donald Herison
- English
- MARKETS NEWS
- Hits: 1434
What is it? Dudley is due to speak about the US economic outlook and monetary policy at the Economic Club of Minnesota, in Minneapolis. Audience questions expected.
Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
When? June 5th at 12:30pm Eastern Time.
Trading Tip: If the announcement will hint towards higher interest rates, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
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 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? June 5th at 8:30am Eastern Time.
Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
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 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.
When? June 5th at 8:30am Eastern Time.
Trading Tip: If the actual number is lower than the forecast, you can expect the CAD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
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 checks 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.
When? June 5th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
Technical Analysis Lesson 2 - The Basic Assumptions
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: