The United States will publish Flash Manufacturing and Services PMIs on Tuesday at 16:45 GMT+2.
Australian job data: the ray of hope for the AUD
Australia will publish an update on employment figures on March 19, at 2:30 MT time.
Instruments to trade: AUD/USD, AUD/JPY, AUD/CHF
If you are tired of coronavirus-related news, we recommend you to take a look at the economic calendar. Some of the opportunities may not have as a big effect on the currencies as during the calm times, but traders may still take advantage out of their outcome. One of them is the employment data for Australia, which consists of employment change and the unemployment rate. The previous release was mixed: while employment change advanced by 13.5K, the unemployment rate rose to 5.3%. The reaction of the AUD was limited. What can we expect this time?
- If the actual level of employment change is higher and the unemployment rate is lower than the forecasts, the AUD will strengthen;
- If the actual level of employment change is lower and the unemployment rate is higher than the forecasts, the AUD will weaken.
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2
Great Britain's office for national statistics will release CPI data on January 19, 09:00 GMT+2.