What is it? It checks the interest rate at which major financial institutions borrow and lend overnight funds between themselves.

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? May 27th at 10:00am Eastern Time.

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

 

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What is it? It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When? May 27th at 10:00am Eastern Time.

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

 

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This analysis was written by Guy Young an expert in stocks trading

 

 

shockwave
LONG WEEKEND this is how called a trading day after Memorial Day. Due to lack of trading yesterday 25/05 the reaction of stock market is crazy. Imagine as if you have been relaxing for 3 days, what do you do on the 4th day you have the energy to make things. That’s exactly how the trading world reacts after long vacation. The history shows it’s one of the most profitable days once a year. The Companies, the brokers the traders their self are waiting to get started to make things happen.

What does it for binary options trading and why it’s a profitable trading day?

You will see spikes in every stock that you will encounter, in binary options you need only 1 pip to profit, in this day the analysis says the spikes will be high, the same way if you had relaxing ocean without no ways for a while and then a storm came. Talk to signalsbinary specialists on the chat they will explain you how to get started and enjoy todays trading sensation.

 

 

What is it? It checks the difference in value between imported and exported goods 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? May 25th at 6:45pm Eastern Time.

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

 

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What is it? FOMC Member Fischer is due to deliver a speech titled "The Federal Reserve and the World Economy," in Israel.

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? May 25th at 11:00am Eastern Time.

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

 

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What is it? Fed Chair Yellen is due to speak about the US economic outlook at the Greater Providence Chamber of Commerce Economic Outlook, in Rhode Island.

As head of the central bank, which controls short term interest rates, she has more influence over the nation's currency value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? May 22nd at 1:00pm Eastern Time.

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

 

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What is it? President Draghi is due to participate in a panel discussion at the ECB Forum on Central Banking titled "Inflation and Unemployment in Europe," in Portugal.

As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? May 22nd at 9:30am Eastern Time.

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

 

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What is it? It checks the change in the total value of sales at the retail level, excluding automobiles.

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? May 22nd at 8:30pm Eastern Time.

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

 

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What is it? It checks the change in the price of goods and services purchased by consumers, excluding the 8 most volatile items.

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? May 22nd at 8:30pm Eastern Time.

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

 

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What is it? Governor Carney is due to participate in a panel discussion titled "Current perspectives on inflation and unemployment in the euro area and advanced economies" at the ECB Forum on Central Banking titled "Inflation and Unemployment in Europe," in Portugal.

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? May 22nd at 7:00pm Eastern Time.

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

 

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What is it? President Draghi due to deliver opening remarks at the ECB Forum on Central Banking titled "Inflation and Unemployment in Europe," in Portugal.

As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? May 21st at 1:30pm Eastern Time.

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

 

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What is it? It checks the level of a diffusion index based on surveyed manufacturers in Philadelphia.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

When? May 21st at 10:00am Eastern Time.

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

 

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What is it? It checks the annualized number of residential buildings that were sold during the previous month, excluding new construction.

It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

When? May 21st at 10:00am Eastern Time.

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

 

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What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.

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? May 21st at 8:30am Eastern Time.

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

 

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

When? May 21st at 7:30am Eastern Time.

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

 

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? May 20th at 9:45pm Eastern Time.

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

 

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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.

When? May 20th at 2:00pm Eastern Time.

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

 

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What is it? It checks the change in the number of barrels of crude oil held in inventory by commercial firms during the past week.

It influences the price of petroleum products which affects inflation, but also impacts growth as many industries rely on oil to produce goods.

When? May 20th at 10:30am Eastern Time.

 

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What is it? It checks the change in the total value of sales at the wholesale level.

It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase.

When? May 20th at 8:30am Eastern Time.

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

 

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What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.

It's the broadest measure of economic activity and the primary gauge of the economy's health.

When? May 19th at 7:50pm Eastern Time.

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

 

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