UK rate decision: Thursday, 11:00. This is one of the Bank of England’s “Super Thursday” events as in addition to the rate decision and the MPC Meeting Minutes, the BOE also publishes its all-important Quarterly Inflation Report. Until a few weeks ago, the BOE was expected to raise rates in this May decision. The BOERead more about 10 May 2018[…]

US PPI: Wednesday, 12:30. The Producer Price Index provides insights about consumer inflation in the pipeline. Back in March, both headline PPI and Core PPI rose at a solid rate of 0.3%. The report for April is projected to show a slower pace of price rises: 0.2% in both measures. New Zealand rate decision: Wednesday,Read more about 09 May 2018[…]

Jerome Powell talks Tuesday, 7:!5. Fed Chair Jerome Powell delivers a speech titled “Monetary Policy Influences on Global Financial Conditions and International Capital Flows” in Zurich. While he is out of the US and speaking about global conditions, talking about monetary policy may yield market-moving comments, especially if he talks about inflation. Markets will alsoRead more about 8 May 2018[…]

EURUSD As could be seen on the daily chart that the pair is traded above a strong support level that can be found at 1.2150.  So we believe that as long as the pair is traded above it, it is highly recommended to go long targeting the level of 1.23 during the week but theRead more about 25 April 2018[…]

EURUSD Update: the pair just reached our support level, the uptrend line – waiting for it to show up some positive factors where we can go long. As could be seen on the daily chart that we have two options where we can enter the market; the first point is the resistance level of 1.2500. ThisRead more about 20 April 2018[…]

UK inflation: Wednesday, 8:30. Britain publishes key data day after day. Inflation slowed down to an annual pace of 2.7% in February, off the edge of the 1-3% range that is mandated by the Bank of England. The same level is expected for March. The stronger pound has pushed prices of imported goods lower. AnotherRead more about 18 April 2018[…]

US Non-Farm Payrolls: Friday, 12:30. The “King of forex indicators” is again the wages component. After a strong start to the year, wage growth decelerated to 2.6% in February. This time, a small rise to 2.8% is expected. Month over month, an increase of 0.3% is projected after 0.1% last time. Topline job growth isRead more about 13 April 2018[…]

UK Services PMI: Thursday, 8:30. As in the US and most developed economies, the services sector is the most important one, and the financial services industry is especially eyed. Markit’s PMIs culminate with this event. After seeing OK growth with 54.5 points in February, a similar score of 54.2 is expected for March. USD UKRead more about 12 April 2018[…]

Euro-zone inflation: Wednesday, 9:00. The initial read for inflation in March is expected to show an increase in CPI from 1.1% to 1.4% y/y and core CPI from 1% to 1.1%. However, expectations may have dampened after Germany’s figures came out below expectations. The ECB is likely to taper down its bond buys in SeptemberRead more about 11 April 2018[…]

US CB Consumer Confidence: Wednesday, 14:00. The Conference Board’s measure of consumer confidence rose to a high level of 130.8 points in February and another increase to 131.2 is on the cards now. The parallel University of Michigan figure for March has already surprised to the upside. US GDP (final): Wednesday, 12:30. The third andRead more about 28 March 2018[…]