
Russian-Ukrainian conflict is influencing every economic aspect…
Australian Private Capital Expenditure will be announced on Thursday, May 28, at 4:30 MT time.
Instruments to trade: AUD/USD, EUR/AUD, AUD/JPY, AUD/NZD
Australian economic figures released in May have been mixed. The nation’s unemployment rate didn’t rise as much as it had been expected, but retail sales collapsed by 17.9%. On Thursday, it will be time to check another key indicator that reflects changes in businesses’ investment levels. Companies are quickly affected by market conditions, so the indicator can be an early signal of future economic activity such as hiring, spending, and earnings. The previous reading was the worst since the end of 2016. There is little doubt that Australia will release another negative figure. The question is: how bad is the situation?
If Private Capital Expenditure comes out stronger than the last time, the AUD will rise.
If Private Capital Expenditure results is weak, the AUD will fall.
Russian-Ukrainian conflict is influencing every economic aspect…
The Eurozone will publish the Indicator of GfK Consumer Confidence on November 25, at 09:00 GMT+2.
US Retail Sales will be out on November 16 at 15:30 MetaTrader time (GMT+2). Get ready with us!
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.
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