Likely trends and their drivers for both traditional spot market and binary options traders of short term trades in forex, stocks, and commodities.
MARKET MOVERS
The below is just a listing. For full details see: WEEK AHEAD: POST EURO-PHORIA SELLOFF & OTHER POTENTIAL MARKET MOVERS, AND THE COMING WEEK EURUSD: BEWARE POST- “EURO-PHORIA” LETDOWN
Prior Week
- EU Debt Crisis On More Bad News, EU Inaction
- MENA & Oil Prices
- Japan Earthquake, Nuclear Reactor Shutdown
- Fed Outlook Change?
- Top Economic Calendar Events
- Wildcards
Coming Week
- Potential Pre-Euro Rate Hike Profit Taking
- German Regional Elections
- Japan, Mena Crisis Continued Fallout
- US Monthly Jobs & Related Reports
- Other Calendar Highlights
Big Themes By Region/Country: US, UK Central Bank, Advanced GDP Key
The big calendar events focus on US jobs, home sales and consumer confidence also have weight. EZ and Japan calendars are light, German regional elections could indirectly affect confidence in German political will to stay the course with bailouts – or not. It’s also a relatively big calendar week for Australia with retail and building approvals.
US: Monthly Jobs Reports, Pending Home Sales, CB Consumer Confidence
EZ: German regional elections as sign of support/opposition to German bailout payments, most key EU event risk however, is NOT scheduled per se. Rather but watch CDS for rising or falling fear of PIIGS defaults, market reaction and EU official reaction to disappointment on inaction of EU Summit, also statements by relevant officials on standoff between Ireland & EU.
UK: Current Account, Housing Data, Manufacturing PMI
CHF: Retail Sales
JPY: Tankan Mfg Index, quake and radiation related damage, production stoppages
CAD: GDP
AUD: Building Approvals, Retail Sales
NZD: NBNZ Business Confidence
Highlights By Region In Chronological Order
Key events in boldface
Unites States
Monday –Feb. Personal Income & Spending, Feb. Pending Home Sales, Mar. Dallas Fed Manufacturing Activity, Fed’s Lockhart, Evans and Rosengren Speak
Tuesday – Fed’s Bullard Speaks, Jan. S&P/CaseShiller Home Price Index, Mar. CB Consumer Confidence
Wednesday – Mar. MBA Mortgage Applications, Mar. Challenger Job Cuts, Mar. ADP Employment Change, Weekly DOE U.S. Crude Oil Inventories, Fed’s Bullard, Lacker and Hoenig Speak
Thursday – Weekly Initial Jobless & Continuing Claims, Mar. Chicago PMI, Feb. Factory Orders
Friday – Mar. NFP & Unemployment Report, Fed's Plosser Speaks, Feb., Mar. ISM Manufacturing & Prices Paid
Euro-zone
Again, German elections as sign of support/opposition to bailout payments as well as other EU official comments on rate hikes and bailouts are likely to have more impact than the below events.
Tuesday – German Apr. GfK Consumer Confidence, ECB’s Mersch Speaks, German Mar. Prelim. CPI
Wednesday – Mar. EZ Consumer, Economic, Industrial and Services Confidence
Thursday – German Mar. Unemployment Rate, Euro-Zone Mar. CPI
Friday – EZ Mar. final PMI Manufacturing, EZ Feb. Unemployment Rate
United Kingdom
Tuesday – 4Q Final Total Business Investment, 4Q Current Account, 4Q Final GDP, Feb. Net Consumer Credit, Feb. Mortgage Approvals, Feb. M4 Money Supply
Wednesday – Jan. Index of Services, Mar. CBI Reported Sales, Mar. GfK Consumer Confidence
Thursday – Mar. Nationwide House prices
Japan
Tuesday – Feb. Jobless Rate, Feb. Retail Trade, Feb. Large Retailer Sales
Wednesday – Feb. prelim. Industrial Production
Thursday – Mar. Manufacturing PMI, Feb. Labor Cash Earnings, Feb. Housing Starts, Feb. Construction Orders
Friday- Tankan Index
Switzerland
Wednesday- KOF Economic Barometer
Friday- Retail Sales, SVME PMI
Canada
Thursday – Jan. GDP
Australia & New Zealand
Tuesday – NZ Finance Minister English Speaks, NZ Feb. Imports, Exports and Trade Balance
Wednesday – NZ Building Permits, AU Mar. DEWR Skilled Vacancies, AU Feb. HIA New Home Sales, AU Feb. Job Vacancies
Thursday – AU Feb. Building Approvals, AU Feb. Retail Sales, AU Feb. Private Sector Credit, RBNZ Mar. Activity Outlook & Business Confidence
Friday – NZ 4Q Manufacturing Activity, AU Mar. Performance of Mfg Index, Mar. RBA Commodity Price Index
China
Friday – Mar. PMI Manufacturing
For a full listing of calendar events, their relative importance, previous and forecasted results, see www.forexfactory.com >> calendar tab.
Conclusions & Ramifications- Tradable Trends To Watch
For the rest of this article please visit: http://globalmarkets.anyoption.com and find article by same name under the weekly tab
DISCLOSURE & DISCLAIMER: AUTHOR SHORT THE EUR FOR PERSONAL PORTFOLIO. THE ABOVE IS FOR INFORMATIONAL PURPOSES ONLY AND NOT TO BE CONSTRUED AS SPECIFIC TRADING ADVICE. RESPONSIBILITY FOR TRADE DECISIONS IS SOLELY WITH THE READER