Week Ahead Overview CPI Data, GDP , Trade War And More...
A lot of big data will
be release on the second part of the week, indicating the first part
of the week will be less volatile. If you trading AUD, Tonight the
RBA Reserve Bank of Australia board meeting, Governor Guy Debelle is
to speak, and will provide in-depth insights into the economic that
influenced their decision on interest rates, Debelle has considerable
influence over the value of the Australian dollar. that`s likely to
have a impact on the Australian Dollar.
TUE 15.05, German GDP
and EUR GDP which is a Key indicator of economic health, The German
GDP data will be released very early, UK time 7:00 am , EUR GDP will
follow at 10am.
Also on Tuesday, GBP
Average Earnings, Released monthly, represents the change in the
price businesses and the government pay for labor. Data represents
the 3 month moving average compared to the same period a year
earlier. Later at 13:00 , USA Retail Sales, Change in the total
value of sales at the retail level,which is an important indicator of
consumer spending, consumer confidence.
S&P500
WED 16.05 , During the
night for the UK we have JPY GDP and later the start of the main
events of the week, German and EUR CPI. Consumer prices account for a
majority of overall inflation. Inflation is important to currency
valuation because rising prices lead the central bank to raise
interest rates. High volatility expected.
Dax
The US and China Ease
trade war, to avoid a costly trade war President Trump has offered
the troubled telecom maker ZTE Corp. help, Trump has mentioned on a
Sunday tweet the US and China is working together on save ZTE.
This move is drastic
shift from Trump which was set to use any leverage against china in
negotiation of new trade deals. This will possibly turn the investor
to Risk On Scenario, helping the Equity Market to gain.
* Watch for the Bond
Market for confirmation
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