by Ntombi Malatsi | Jan 22, 2017 | ECONOMIC NEWS, UNCATEGORIZED
Economic news to watch for this week
Highlights: On the 24th of January the United Kingdom’s High Court is due to announce a ruling regarding the government’s ability to bypass parliament and initiate the Brexit by triggering Article 50, it is all happening in London at the Royal Courts of Justice. This will also have a direct impact on GBP, watch out for GBP pairs. On another news it has been said that UK Prime Minister Theresa May will fly to Washington DC to have her talks with the U.S President Donald Trump as early as Thursday. Dispite the fact that May was criticizing Trump during his campaigns in 2016, she will be one of the first leaders to hold talks with the new president. Below are the economic news to watch this week.
by Ntombi Malatsi | Jan 15, 2017 | ECONOMIC NEWS
Economic news to watch this week
Highlights: On the 16th the USA is observing Martin Luther king day and US banks will be closed. Read about trading on a bank holiday HERE. The markets are about to get another jitters as the UK Prime Minister Theresa May is about to deliver her speech about the article 50 to start the process of the British people to officially leave the Eu. On another news it was said that the article 50 may be delayed by months due to Stormont crisis legal challenge but Theresa said on another news that the UK is ready for hard Brexit. The last time she opened her mouth, GBP reacted. Watch out for GBP pairs as this is going to have a direct impact on a pound. In 2016 I watched traders getting kicked out of the markets simply because they refuse to pay attention to the economic factors (remove yourself from this list). Tune in to DSTV Chanel 410, 402, 401, 412, they usually broadcast these speeches live. Fed Chair Janet Yellen is also having her speeches this week (what out for USD). Bank of England Gov Carney is due to speak this week as well. Bank of Canada’s Rate and ECB Press conference are also this week’s highlights. Below are the economic news to watch out for.
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| Economic calendar 16th 19th January
Learnfxtrading.net |
| DATE |
NEWS |
NEW YORK TIME |
LOCAL TIME |
FORECAST |
CURRENCY |
| 16th January
|
Bank Of England (BoE) Gov Carney Speaks |
1:30pm |
8:30pm |
N/A |
GBP |
| 16th January |
(Bank Holiday) |
ALL DAY |
ALL DAY |
ALL DAY |
USD |
| 17th January |
CPI |
4:30am |
11:30am |
1.4% |
GBP |
| 17th January |
GDT Price Index |
Tentative
(no specific time) |
Tentative
(no specific time) |
N/A |
NZD |
| 17th January |
Prime Minister Theresa May Speaks |
Tentative
(no specific time) |
Tentative
(no specific time) |
N/A |
GBP |
| 18th January |
Average Earnings |
4:30am |
11:30am |
2.6% |
GBP |
| 18th January |
Claimant Count Change |
4:30am |
11:30am |
4.6k |
GBP |
| 18th January |
CPI |
8:30am |
3:30pm |
0.3% |
USD |
| 18th January |
Core CPI |
8:30am |
3:30pm |
0.2% |
USD |
| 18th January |
BOC Monetary Report |
10:00am |
5:00pm |
N/A |
CAD
|
| 18th January |
BOC Rate Statement |
10:00am |
5:00pm |
N/A |
CAD |
| 18th January |
Overnight Rate |
10:00am |
5:00pm |
0.50% |
CAD |
| 18th January |
BOC Press Conference |
11:15am |
6:15pm |
N/A |
CAD |
| 18th January |
Fed Chair Yellen Speaks |
3:00pm |
10:00pm |
N/A |
USD |
| 18th January |
Employment Change |
7:30pm |
2:30am 19th |
10.2k |
AUD |
| 18th January |
Unemployment Rate |
7:30pm |
2:30am 19th |
5.7% |
AUD |
| 19th January |
Minimum Bid Rate |
7:45am |
2:45pm |
0.00% |
EUR |
| 19th January |
Manufacturing Sales |
8:30am |
3:30pm |
0.2% |
CAD |
| 19th January |
European Central Bank (ECB) Press Conference |
8:30am |
3:30pm |
N/A |
EUR |
| 19th January |
Building Permits |
8:30am |
3:30pm |
1.22M |
USD |
| 19th January |
Philly Fed Manufacturing Index |
8:30am |
3:30pm |
16.3 |
USD |
| 19th January |
Unemployment Claims |
8:30am |
3:30pm |
252k |
USD |
| 19th January |
Fed Chair Yellen Speaks |
8:00pm |
3:00am 20th |
N/A |
USD |
| 20th January |
Retail Sales |
4:30am |
11:30am |
-0.1% |
GBP |
| 20th January |
CPI |
8:30am |
3:30pm |
—— |
CAD |
| 20th January |
Core Retail Sales |
8:30am |
3:30pm |
—— |
CAD |
by Ntombi Malatsi | Jan 8, 2017 | ECONOMIC NEWS
Economic news to watch for this week.
by Ntombi Malatsi | Jan 5, 2017 | ECONOMIC NEWS
Non-Farm payroll release dates 2017
Welcome Back! After a well deserved break, I am back with the updates. I hope you guys have rested and you are ready to bank from the markets in 2017 (Oops! I almost said 2016, I am still trying to get used to the new year). I have my 2017 trading plan ready (I hope you have yours) and you are actually going to stick to it. I also took some time to reflect and checked on my trading activities and I know very well where I need to improve and what I need to implement this year. I am mentally and physically ready for the markets again. I have my eyes set on a yearly target this year but I will still work on monthly, weekly and daily targets just like I have been doing. If you wish to know how I set my own targets read HERE. Consistency is what I strive for. I also promise to post other important dates like FOMC and so forth. Read more about Non-Farm payroll HERE.
NOTE: This is a re post. I was doing some work and I accidentally lost the original one and I had to re publish. Feel free to download the table below. Should you wish to receive my weekly economic news updates or blog posts, kindly subscribe to this blog. To subscribe look for “SUBSCRIBE TO MY BLOG” on the side bar. Enter your email address and click “SUBSCRIBE”. A confirmation e-mail will be sent to your email (check on spam as well if the email is not on inbox), click on the link to confirm and you’ll receive weekly updates on different topics and weekly economic news. Below are the Non-Farm payroll release dates for 2017.
by Ntombi Malatsi | Nov 26, 2016 | ECONOMIC NEWS
Economic news to watch this week. Watch out for my soon to be published post on OPEC meetings.
by Ntombi Malatsi | Nov 26, 2016 | ECONOMIC NEWS
Renzi′s Italy Referendum
Matteo Renzi: An Italian politician born in 1975 who has been a Prime Minister of Italy since the 22nd of February 2014 and also a Secretary of the Democratic Party since the 15th of December 2013.
The UK Referendum (Brexit) shook the markets in June 2016. On the 8th of November Donald Trump stunned the markets when he won the presidency. In case you missed Brexit, it was about the British people voting themselves out of the European Union (EU). Read more about it HERE. During Brexit most ignorant retail traders lost so much money and some traders haven’t recovered from that blow (my team and I were safe from the storm because we are used to following the economic events). On the 8th of November when the US held their presidency votes, I learned that the markets tend to react more to the polls than the actual outcome. I have also learned from the Brexit and US elections that Gold is a must watch. Where there are uncertainties, investors prefer Gold as they see it as their safe haven. If you were ignorant during Brexit and the US Elections, don’t be caught up in the storm again.
Italy Referendum, what is it all about?
The Italian citizens will hit the polls to vote in a referendum of whether to maintain their national constitution. The polls are showing that more people are for a “NO” vote ( they are opposing the constitution change), I don’t trust the polls though, they could be wrong. Most citizens are opposing the proposed constitution changes. Renzi is for a “YES” vote and he said he will resign if the “NO” vote wins. His resignation will lead to a political crisis which may call for Italexit (Italy exiting the EU just like the British people did ). It is all happening on the 4th of December 2016 (mark this date). Watch out for the Euro pairs as Italy uses Euro as their currency. Economic events like these come as a surprise to many traders. But I am always aware due to the method of trading that I use. Read more about how I trade HERE. Thank you so much for stopping by and reading this post, I hope I am adding value to your trading.
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