Great Britain will publish its trade balance for April on June 11, at 09:00 MT time.
Jobs data for Australia may support the AUD
Australia will release the level of employment change and unemployment rate on August 15, at 4:30 MT time.
The level of employment change shows the number of people employed during the previous month. The unemployment change, in its turn, is the percentage of the unemployed workforce. Last time the indicator of employment change rose only by 0.5K people (vs. the forecast of 9.1K). The unemployment change came out in line with the forecast at 5.2%. The Australian dollar ignored the negative figures of employment change and got higher. Let's see how the release will affect the currency this time.
• If employment change is higher and the unemployment rate is lower than the forecasts, the AUD will rise;
• If employment change is lower and the unemployment rate is higher than the forecasts, the AUD will fall.
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.