Following the Non-Farm Payroll (NFP) last Friday the 6th, the NFP was forecasted at 203k, we were looking for a deviation of 70k. The Actual figure came out at 160k which was way below, even though it did not reach our deviation trigger, while other supporting data to NFP came out unchanged. The unemployment rate remained at 5.0% and the Average hourly earnings remained at 0.3%. My team and I were looking at all 3 events. A higher unemployment rate and a lower Average Hourly earnings would have fueled the greenback to sell off massively. Learn how to trade the Non-Farm Payroll HERE. Below are the events to look out for in the upcoming week. For paid private lessons on how to trade economic news, please send an email to: admin@learnfxtrading.net or WhatsApp: +27 76 966 9392
| ECONOMIC CALENDAR 9th MAY TO 13TH MAY
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| DATE | NEWS | NEW YORK TIME | LOCAL TIME | FORECAST | CURRENCY |
| 11th May | Manufacturing Production | 10:30am | 4:30pm | 0.4% | GBP |
| 12th May | Official Bank Rate | 7:00am | 1:00pm | 0.50% | GBP |
| 12th May | Unemployment Claims | 8:30am | 2:30pm | 277K | USD |
| 12th May | Retail Sales | 6:45pm | 12:45am 13th | 1.0% | NZD |
| 13th May | Core Retail Sales | 8:30am | 2:30pm | 0.6% | USD |
| 13th May | PPI | 8:30am | 2:30pm | 0.3% | USD |
| 13th May | Retail Sales | 8:30am | 2:30pm | -0.3% | USD |
| 13th May | Prelim UoM Consumer Sentiment | 10:00am | 2:15pm | 89.9 | USD |
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