Russian-Ukrainian conflict is influencing every economic aspect…
AUD is in focus
Follow the Australian private capital expenditure report on August 27 at 4:30 MT time!
Instruments to trade: AUD/USD, AUD/NZD, AUD/CHF, EUR/AUD
It's a key indicator of economic health. Businesses are the first affected by market changes. They have to quickly adapt to the new market environment. Therefore, changes in their investment levels may be an early sign of future economic activity. They will have a direct impact on hiring, spending, and earnings. Australian private capital expenditure slumped by 1.6% in the three months to March. It was the fifth quarter of decrease in a row. Thus, there is an intrigue will the report be positive this time or not. Follow the release!
- If the Australian private capital expenditure is better than the forecast, the AUD will rise.
- Otherwise, the AUD will fall.
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.