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: COMING WEEK MARKET MOVERS: CRISES CONVERGING – JAPAN, MENA, EU TOOPRIOR WEEK
- EU Debt Crisis Fears
- EU Debt Crisis On More Bad News, EU Inaction
- MENA & Oil Prices
- Japan Earthquake, Nuclear Reactor Shutdown
US: Mon.-existing home sales, Wed. Bernanke Speaks, Thurs.-durable goods. A light US calendar that leaves the USD and markets in general to move on non-US events. Although the week’s economic calendar is light, no less than 3 regional crisis, MENA, Japan, and the EU, have plenty of potential to generate market moving news. See COMING WEEK MARKET MOVERS: CRISES CONVERGING – JAPAN, MENA, EU TOO for details and for trading ramifications.
EU: Mon.-Trichet speaks, Thurs. & Fri EU Economic Summit (potentially the biggest event of the week for moving markets – down if disappointment on inaction (more likely), up if substantial progress made. See EU SUMMIT: BOTH QUAKES AND REBELLIONS COULD HIT – THE EU for details on the EU and trading ramifications. Also Fri. Ifo business climate.
UK: Mon.-CPI y/y, Wed.-MPC minutes, Thurs. Retail Sales. All of these should provide clues regarding the likelihood of GBP rate increasesHighlights By Region In Chronological Order
It’s a light calendar, so we won’t waste your time. The above is the key.
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
Rather than repeat ourselves we refer you to:
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