5 important things this week will bring us!

5 important things this week will bring us!

5 important things you need to know about this week!

RBA Rate Statement (Tue, 07:30 MT time) – a change of the interest rate isn’t anticipated. But the RBA statement will create moves on the market.

BOC Rate Statement (Wed, 17:00 MT time) – the CB doesn’t plan to change the interest rate but clues on the monetary policy will be important for the CAD.

US ISM Non-Manufacturing PMI (Thu, 17:00 MT time) – data based on responses of purchasing managers will determine the direction of the USD.

CAD Jobs data (Fri, 15:30 MT time) – jobs data are always highly important for the currency. If the actual figures are greater than the forecast, the CAD will go up.

US Jobs data (Fri, 15:30 MT time) – data of three important jobs indicators will be out. Be ready for high volatility on markets.

Hot topics:

The NAFTA deal is still unsolved. Mr. Trump twitted that there is no political necessity to keep Canada in the new NAFTA deal. If parties don’t come to a fair agreement, Canada will be out. The NAFTA negotiations will keep affecting the CAD this week.

Brexit. Possibilities of no-deal. On weekends, the Brexit secretary Mr. Raab said that he is sure about the Brexit deal but still has a plan in case of no-deal. Theresa May said that she won’t let the second referendum happen and won’t surrender. The EU negotiator Mr. Barnier said that he is strongly opposed to the UK proposals and advised manufacturers of European cars to use less British-made parts after Brexit.

Let’s see whether there is more news this week.

 

 

 

Similar

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera