Gearing up for a new week
Recap ( last Friday 11th) , Canada unemployment rate rose by 0.1 percentage points for the third consecutive month, reaching 7.3% for the first time since March 2013, this was negative news for CAD as it was expected to come out at 7.2%. Below are the events scheduled for upcoming week, be alert and go where the market goes. For weekly news and future posts, simply enter your email address to subscribe to this blog and receive notifications of new posts by email, make sure you confirm your subscription by clicking on the link sent to your email, email could be in spam folder or promotions if you are using Gmail. Look for “Subscribe to my Blog” on the side bar. Thank you for stopping by, please kindly share with other traders.
| ECONOMIC CALENDAR MARCH 14TH TO MARCH 18th
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| DATE | NEWS | NEW YORK TIME | LOCAL TIME | FORECAST | CURRENCY |
| 15th March | Core Retail Sales | 9:30am | 3:30pm | -0.2% | USD |
| 15th March | PPI | 9:30am | 3:30pm | -0.1% | USD |
| 15th March | Retail Sales | 9:30am | 3:30pm | -0.1% | USD |
| 16th March | Average Hourly Earnings Index | 6:30am | 12:30pm | 2.0% | GBP |
| 16th March | Claimant Count Change | 6:30am | 12:30pm | -9.0k | GBP |
| 16th March | Building Permits | 9:30am | 3:30pm | 1.20M | USD |
| 16th March | CPI | 9:30am | 3:30pm | -0.2% | USD |
| 16th March | Core CPI | 9:30am | 3:30pm | 0.1% | USD |
| 16th March | Federal Funds Rate | 3:00pm | 9:00pm | <0.50% | USD |
| 16th March | GDP | 6:45pm | 12:45am | 0.7% | NZD |
| 16th March | Employment Change | 9:30pm | 3:30am | 12.3K | AUD |
| 16th March | Unemployment Rate | 9:30pm | 3:30am | 0.6% | AUD |
| 17TH March | Official Bank Rate | 9:00am | 3:00pm | 0.50% | GBP |
| 17TH March | Unemployment Claims | 9:30am | 3:30pm | 267K | USD |
| 18th March | Core CPI | 9:30am | 3:30pm | 0.5% | CAD |
| 18th March | Core Retail Sales | 9:30am | 3:30pm | 0.7% | CAD |
| 18th March | Prelim UoM Consumer Sentiment | 12:00pm | 6:00pm | 92.3 | USD |
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