Economic News 01-05 June

Economic News 01-05 June

Economic News To Watch This Week

This week on Tuesday, Reserve bank of Australia (RBA) is expected to maintain their Interest Rates at the current rate of 0.25%. On Wednesday Bank of Canada (BOC) is also deciding on their Interest Rates. They are expected to maintain their Interest Rates at the current rate of 0.25%. Both Central banks will also issue their Monetary policy statement. European Central Bank is also on the maintaining path. They are expected to maintain their Interest rates at the current rate of 0.00%.

To close our week, United States will release their 6th job numbers stats (the Non Farm Payrolls) on Friday. I have published Non Farm Payrolls (NFP) annual schedule. You can download it HERE. If you would like to receive any new publication whenever I publish one, kindly subscribe to this blog. Look for a subscribe button on the sidebar and enter your email address. Make sure that you check your email for a confirmation link which could be in spam/ folder. Clink on the link on email and confirm subscription.

Economic News 01-05 June

Economic News 03-08 May

Economic news to watch this week

Planning is key. With everything that is happening in the markets, the best thing that one can do as a trader is to know which currencies to focus on for the upcoming week. Even though there are lots of breaking news and geopolitics, knowing what is expected from the economic calendar is a good start.

This week we will have 2 Central Banks in focus. Reserve Bank of Australia (RBA) and Bank Of England (BOE) will hold their Monetary Policy meeting to decide on their Interest Rates. BOE is expected to maintain theirs at the current Rate of 0.10% and RBA to also maintain at the current Rate of 0.25%.

This week is also non-farm payrolls week. The United States will be releasing their 5th Job statistics which exclude the farming industry hence it is called non-farm payrolls. Due to COVID-19 and a lock-down, job stats are expected to be at its lowest. Below is our weekly calendar.

To receive weekly publications, kindly subscribe (enter your email address on the subscribe tab on the sidebar and make sure that you confirm your subscription by clicking on the link that will be sent to your email) Please note that the confirmation email could be in the spam/junk folder. You can also download the App on Google Play store (see link on homepage) Thank you so much for stopping by and happy trading.

Economic News 21 To 25 January

Economic News 14 To 18 January

Economic News To Watch  This Week

It’s going to be a hectic week for GBP. Parliament will vote for Theresa May’s Brexit deal on Tuesday. The expected outcome is “Reject”. If the deal is rejected, we might see a crazy fall on GBP. I am so looking forward to the votes. I will be watching the polls closely as the  markets are likely to react to the polls. Below is the economic calendar.

 

 

Need Help? Chat with me