Wednesday May 17, 2017 - 17:33:03 GMT
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Forex Trading Ideas For 18 May 2017
Trading Ideas for 18 May 2017
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Amazing Trader Calendar:
Thu 18 May
1:30 AU- Employment
08:30 GB- Retail Sales
Fri 19 May
12:30 CA- Retail Sales & CPI
The latest Trump problem affected markets all day Wednesday on concerns an investigation could grind his economic agenda to a halt. There is also an outside risk that the new allegations could develop into something major. It all depends on whether the charges can be corroborated. Tradeing was focused on financial market developments. Expect U.S. equity prices to play a leadership role.
Weekly Event Risk Agenda
- EVENT RISK: Thursday-- 01:30 AU- Employment. There currently is a strong focus on the Australian economy. Employment data is a key economic indicator.
- EVENT RISK: Thursday-- 08:30 GB- Retail Sales. The GBP is highly sensitive to these macro economic data.
- EVENT RISK: Friday-- 12:30 CA- Retail Sales & CPI. In many months, Canada releases these two top indicators simultaneously. The top indicator for the CAD is the price of oil.
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