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 10th at 9:30pm Eastern Time.

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

 

Ask us about our FREE financial advice program: ChatButton

 

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 10th at 9:30pm Eastern Time.

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

 

Ask us about our FREE financial advice program: ChatButton

 

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 interest rate at which banks lend balances held at the RBNZ to other banks overnight.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? June 10th at 5:00pm Eastern Time.

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

 

Ask us about our FREE financial advice program: ChatButton

 

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? Carney is due to speak, along with Chancellor of the Exchequer George Osborne, at the Annual Mansion House Dinner, in London.

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? June 10th at 4:00pm 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:

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:  

 

 

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

 

1. Bonds down, yields up

Prices for all major 10-year government bonds resumed their slide Wednesday, pushing yields up. U.S. Treasuries are now yielding nearly 2.5%, and German yields have hit 1% for the first time since September.

The turmoil is a clear signal that investors are bracing for higher interest rates -- whether the Federal Reserve is ready for its first rate hike in a decade or not.

 

2. Earnings

Women's clothing franchise Francesca's (FRAN) will report before the open.

Krispy Kreme (KKD), Men's Warehouse (MW) and Box (BOX), an online file sharing and cloud storage company, will report after the close.

Box made a sparkling debut in January when its stock climbed 66% on its first day of trading, but its share prices have since fallen by about 30%.

 

3. International markets overview

European markets are mostly moving up in early trading, while Asian markets ended with mixed results.

The U.S. dollar was weaker against all major currencies.

 

4. Tuesday market recap

Wall Street performance was unimpressive Tuesday. The Dow Jones industrial average and S&P 500 were flat while the Nasdaq dipped by 0.2%.

 

 

Ask us about our FREE financial advice program: ChatButton

 

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:  

 

 

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

 

1. Unhappiness at HSBC

Global bank HSBC (HSBC) is shedding 50,000 jobs in the coming years as it slashes costs and sells businesses in Turkey and Brazil.

The changes are part of a major restructuring plan that is designed to save the bank $5 billion annually by 2017.

Shares in the bank were slightly weaker in early trading, in line with the rest of the London stock market.

 


2. Market movers -- eBay, GM

eBay (EBAY, Tech30) shares rallied by 3% in extended trading after falling nearly 4% on Monday. The stock price fell after the company released its revenue projections, which see gains for 2015 but stagnant or shrinking revenues going forward. The company is working to spin off its PayPal division later this year.

Shares in General Motors (GM) are up about 1.5% premarket after the Wall Street Journal reported its European competitor Fiat Chrysler (FCAM) is trying to prod the company into considering a merger.

 

3. Earnings 

Clothing brands Quiksilver (ZQK) and Lululemon (LULU) are reporting ahead of the open.

Mattress Firm (MFRM) will report after the close.

 

4. International markets overview

European markets are mostly dipping in early trading, while the majority of Asian markets closed with losses.

Investors were feeling downbeat about Chinese inflation data that came in weaker than expected.

In the currency market, the British pound was weakening while the euro is rising.

Crude oil futures are up by about 1% to trade at $58.80 per barrel.

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

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:  

 

 

Subcategories

Please publish modules in offcanvas position.