Economic news

ECONOMIC CALENDAR-FEBRUARY 29th-MARCH 4th

Gearing up for a new week

The US Prelim GDP  last Friday which was expected to be at 0.4% came out above that and actually reached our deviation trigger which was 0.3%, the actual figure was 1.0%, We saw a move in the US Dollar, me and my team sold NZD, EUR and JPY and also using the correlation of Gold to the US Dollar, we sold xauusd as well, learn how to trade gold HERE. The upcoming week is packed with important data and the NFP which is the most significant data this coming Friday, learn more about the Non-Farm Payroll’s future dates HERE. The most successful trades, are the well planned ones.

 

 

ECONOMIC CALENDAR FEBRUARY 29TH TO MARCH 4th

DATE NEWS NEW YORK TIME LOCAL TIME FORECAST CURRENCY
29TH February Building Approvals 8:30pm 2:30am 1st March -2.9% AUD
29th February Cash Rate 11:30pm 5:30am 1st March 2.00% AUD
29th February RBA Rate Statement 11:30pm 5:30am 1st March AUD
1st March Manufacturing PMI 5:30am 11:30am 52.3% GBP
1st March Canada GDP 9:30am 3:30pm 0.1% CAD
1st March ISM Manufacturing PMI 11:00am 5:00pm 48.5 USD
1st March GDP 8:30pm 2:30am 2nd March 0.5% AUD
2nd March Construction PMI 5:30am 11:30am 55.5 GBP
2nd March ADP Non-farm Employment Change 9:15am 3:15pm 185K USD
2nd March Trade Balance 8:30pm 2:30am 3rd March -3.22B AUD
3rd March Services PMI 5:30am 11:30am 55.1 GBP
3rd March Unemployment Claims 9:30am 3:30pm 271k USD
3rd March ISM Manufacturing PMI 11:00am 5:00pm 49.8 USD
3rd March Retail Sales 8:30pm 2:30am 4th March 0.4% AUD
4th March Trade Balance 9:30am 3:30pm -1.0B CAD
4th March Average Hourly Earnings 9:30am 3:30pm 0.25 USD
4th March Non-Farm Employment Change 9:30am 3:30pm 195k USD
4th March Trade Balance 9:30am 3:30pm -43.5B USD
4th March Unemployment Rate 9:30am 3:30pm 4.9% USD

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