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Tuesday June 2, 2009 - 16:57:28 GMT
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Global-View.com - www.global-view.com
FX Blog - Economic Data Preview For Wednesday
Big day for data with Service PMIs due. Watch mortgage stats they can tell a lot about the housing sector. ADP data are very unreliable but they cannot be ignored in case they are correct. The data will influence professional forecasts for the jobs data on Friday.
EZ- Service PMI- important- Service sector largest portion of economy. Seen better.
UK- Service PMI- important- Service sector largest portion of economy. Seen better
EZ- PPI- important- ECB targets inflation. Large negative number seen.
EZ- GDP- important- 1Q09 revision.
US- Mortgage Statistics- important- leading housing indicator.
US- ADP Jobs- important- unreliable forecaster of Friday employment data. Seen weaker.
US- Service PMI- important- Service sector largest portion of economy. Seen better.
US- Factory Orders- important- key manufacturing indicator. Seen better.
US- Weekly Oil Inventories- important- has a major impact on oil prices.
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GVI Trading. Potential Price Risk Scale
Mon 19 Mar 2018
AA: Major, A: High, B: Medium
Tue 20 Mar 2018
AA 9:30 GB- CPI
A 10:00 DE- ZEW Survey
Wed 21 Mar 2018
AA 03:00 AU- Employment
AA 9:30 GB- Employment
A 12:30 US- Current Account
AA 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
A A 18:00 US- Fed Rate Decision
A 21:00 NZ- RBNZ Rate Decision
Thu 22 Mar 2018
AA All Day flash PMIs
AA 9:30 GB- Retail Sales
AA 12:00 GB- Bank Of England Decision
A 13:30 US- Weekly Jobless
Fri 23 Mar 2018
AA 12:30 CA- CPI/Retail Sales
A 12:30 US- Durable Goods
A 14:00 US- New Homes Sales
John M. Bland, MBA
co-founding Partner, Global-View.com
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