ECONOMIC NEWS 25/11

by Ntombi Malatsi | Nov 25, 2015 | ECONOMIC NEWS | 3 comments

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3 Comments

Zim on November 25, 2015 at 1:34 pm

New home sales are always listed as medium impact news, yet do cause volatility. What are your thoughts on them? (today at 17:00 or time..10:00 NY time).

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- Ntombi Malatsi on November 26, 2015 at 2:48 pm
  
  Hi Zim
  I haven’t been paying attention to it , one event that I used to just ignore is Average Earnings, but not anymore after realising the “chaos” it caused on NFP some time ago, now you have just given me homework I will look closely ( You and I)
  
  Reply
Zim on December 3, 2015 at 8:21 am

You’re right about Average Earnings. The first time I traded fundamentals, NFP numbers were good however because of a decreased no. on AE, the greenback responded negatively.

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