Thursday May 4, 2017 - 08:16:06 GMT
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Forex Trading Ideas For 4 May 2017
Trading Ideas for 4 May 2017
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Amazing Trader EVENT RISK Calendar:
Thu 4 May
00:00 JP- Holiday
All Day Global PMIs
Fri 5 May
00:00 JP- Holiday
12:30 US, CA- Employment
Sun 7 May
18:00 FR- Final Presidential Vote
- EVENT RISK: Thursday-- European and UK Service PMI's delayed due to holiday. Nice to watch on a comparative basis, but not as much of market-mover as U.S. ISM PMIs. UK data can move GBP.
- EVENT RISK: Friday-- 12:30 GMT US- Employment report. This is always the biggest data of the month. Markets usually react strongly to these data. The March payroll gain had been a surprisingly small +98K.
- The Fed kept monetary policy steady as expected on Wednesday. It said that the current economic weakness is likely transitory leaving open the OPTION of a potential rate hike in June. Markets continued to price in a June hike afterwards.
co-founding Partner, Global-View.com
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