Tuesday May 23, 2017 - 17:55:49 GMT
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Forex Trading Ideas For 24 May 2017
Trading Ideas for 24 May 2017
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Amazing Trader EVENT RISK Calendar:
Wed 24 May
14:00 CA- Bank of Canada Decision
14:00 US- Existing Homes Sales
14:00 US- final Univ of Michigan
14:30 US- EIA Crude
19:00 US- FOMC Minutes
Thu 25 May
00:00 EZ- Holiday
8:30 GB- GDP
12:30 US- Weekly Jobless
Fri 26 May
12:30 US- GDP
12:30 US- Durable Goods
Japan flash PMI data over the past few months suggest a softening economy. In Europe, flash PMIs and the German Ifo suggest economic strength.
The second-tier U.S. Markit flash PMIs were mixed. The first tier U.S. ISM PMI data are due early in June. The Trump trip to the Middle East so far has been getting begrudging praise from the MSM, but apparently the change in U.S. Middle East policies has been popular on he ground.
Weekly Event Risk Agenda
- EVENT RISK: Wednesday-- 14:00 US- Existing Homes Sales: Housing is a top jobs producer. This is the top US housing report. Can be a major market mover. It is seen coming in softer.
- EVENT RISK: Wednesday-- 19:00 US- FOMC Policy Minutes: Major market mover. Fed revises this report after meeting (three weeks ago) to reflect their current thinking. Hold onto yours seats!
- EVENT RISK: Thursday-- 08:30 GB- 1Q17 GDP Revision: The GBP can react strongly to U.K. data. GDP is a major market mover.
- EVENT RISK: Friday-- 08:30 US- 1Q17 GDP Revision and Durable Goods: GDP can be a market mover. Durable Goods are also a followed economic indicator.
co-founding Partner, Global-View.com
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