Monday April 10, 2017 - 09:01:24 GMT
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Forex Trading Ideas For Monday 10 April 2017
Trading Ideas for 10 Apr 2017
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Amazing Trader EVENT RISK Calendar:
11 Apr Tues
08:30 GB- CPI/RPI
09:00 DE- ZEW Survey
12 Apr Wed
01:30 AU- Employment
08:30 GB- Employment
14:00 CA- Bank of Canada Decision
14:30 US- EIA Crude
13 Apr Thu
12:30 US- PPI
12:30 US- Weekly Jobless
14:00 US- Univ of Mich (prelim)
14 Apr Fri
00:00 Good Friday Bank Holidays
12:30 US- Retail Sales
12:30 US- CPI
Items likely to drive FX rates:
- Trade is off to a cautious start in what will be a subdued trading period due to the upcoming holidays. Concerns over the U.S. attack od Syria have abated.
- EVENT RISK- Mon Apr 10
20:10 US Fed Chair Yellen to appear on a panel in Ann Arbor Michigan. Its always possible She might say something related to policy.
- EVENT RISK- Tue Apr 11
08:30 GB- CPI/RPI the GBP tends to be highly sensitive to data releases.
09:00 DE- ZEW Survey this is a closely watched German sentiment survey. Markets typically do not react strongly to this report.
- EVENT RISK- Wed Apr 12
01:30 AU- Employment- Key data for RBA strong reaction possible.
08:30 GB- Employment- Key data for BOE strong reaction possible.
14:00 CA- Bank of Canada Decision BOC seen keeping rates steady.
- EVENT RISK- Thu Apr 13
12:30 US- PPI part of the inflation picture.
14:00 US- Univ of Mich (prelim).
- EVENT RISK- 14 Apr Fri
00:00 Good Friday Bank Holidays.
12:30 US- Retail Sales- Economy driven by consumption.
12:30 US- CPI- Fed targets inflation.
- On Friday, U.S. non farm payroll data were surprisingly weak. Other "hard" data will now be closely followerd. Markets still are expecting a June Fed rate hike, but that could change if the economic outlook changes.
co-founding Partner, Global-View.com
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