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Wednesday June 10, 2009 - 18:40:13 GMT
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FX Blog -Economic Preview For Thursday
Japanese GDP revision should be a non-event for the markets. Later, a poor employment report is expected from Australia. Weekly U.S. jobless claims are the most current read on employment. Retail Sales data are another key piece to the economic puzzle. Business inventories are a key to future growth as they continue to be drawn down. With oil spiking higher, natural gas supplies are a key component of the overall energy picture. Check out the two-week GVI Forex Economic Calendar.
JA- 1Q09r - important- Revisions to earlier data. Note Japan GDP is annualized.
AU- Employment- very important- key measure of economy. Large Job loss seen.
US- Weekly Jobless Claims- very important- most current read on jobs. No improvement seen.
US- Retail Sales- very important- Key measure of domestic demand. Seen up slightly.
US- Business Inventories -important- indicator of future demand. Seen falling again.
US- Natural Gas Inventories- important- Key component of the energy complex.
Major Upcoming Releases:
RBNZ Policy decision
US- University of Michigan Sentiment
Nat Gas bcf
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GVI Trading. Potential Price Risk Scale
Tue 19 June 2018
AA: Major, A: High, B: Medium
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