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RETAIL AND CORE RETAIL SALES
The importance of Retail Sales and Core Retail Sales in Forex markets. Retail sales Retail sales are the change in total value of inflation adjusted sales at the retail level. Retail Sales are a gauge of consumer spending which accounts for the majority of overall...
ECONOMIC NEWS 17th TO 21st OCTOBER
Economic news to watch this week.
ECONOMIC NEWS 10TH TO 14TH OCTOBER
Recap from the previous week UK Prime mister Theresa May announced last week that the UK will be invoking article 50 to start with the process of officially leaving the EU. The markets got jitters and the GBP crumbled and kicked many traders who were holding GBP...
ECONOMIC NEWS 03 TO 07 OCTOBER
Economic news to watch ahead of NFP.
CONSUMER PRICE INDEX (CPI)
What is Consumer Price Index (CPI)? I usually post a lot of updates/notifications on my FB wall regarding the CPI and Core CPI few minutes before the release. I love trading these economic events. I have been getting a lot of questions from traders who want to know...
ECONOMIC NEWS 26TH TO 30TH SEPTEMBER
Highlights from the previous week. The Federal Reserve left the U.S Bank Rates unchanged at <0.50%. The RBNZ left their rates unchanged as well at 2:00%. The U.S unemployment claims decreased by 9k from expected 261k to 252k. On Friday the...
ECONOMIC CALENDAR 19TH TO 23RD SEPTEMBER
Highlights from the previous week. The UK CPI dropped by 0.1% and came out at 0.6% as opposed to 0.7% forecast. UK Average earnings also increased to 2.3% from 2.1% forecast while Claimant Count increased by 0.7K from 1.7k forecast. NZD GGP also dropped, it came...
ECONOMIC NEWS 12TH TO 16 TH SEPTEMBER
We have a very busy week ahead with so much news flow and plenty of trading opportunities. Below are weekly economic news to watch.
*Risk Warning
Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.