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United States New Home Sales

The New Home Sales indicator reflects sales of newly constructed residences in the United States in the specified month. It measures new single-family home sales.

The indicator is used for measuring the US housing market conditions. Index growth may have a positive effect on dollar quotes.

Next Release:- 24 Jul 2019 14:00 GMT

EIA United States Crude Oil Stocks Change

The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices.

Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price.

Next Release:- 24 Jul 2019 14:30 GMT

https://bullseyemarkets.com/EconomicCalendar

 

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United States Pending Home Sales m/m

Pending Home Sales m/m reflect the number of home sales contracts signed in the given month as compared to the previous one.

Since a contract completion takes an average of 6-8 weeks, Pending Home Sales is a leading indicator of the US housing market forecasting final sales for two months in advance.

The indicator growth can have a positive effect on dollar quotes.

Next Release:- 30 Jul 2019 14:00 GMT

The Conference Board United States Consumer Confidence Index

Consumer Confidence Index displays the level of consumer confidence in the stability of the country's economy. It is based on the data from the monthly survey of more than 5000 households and is designed to evaluate the relative financial status, purchasing power and confidence of an average consumer. The survey consists of five questions, two of which are associated with the current economic conditions, while three deal with expectations. Since 60% of the survey has to do with expectations, the indicator is considered to be a leading market indicator. The indicator growth assumes an increase in consumer spending.

Next Release:- 30 Jul 2019 14:00 GMT

https://bullseyemarkets.com/EconomicCalendar

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World Agricultural Supply and Demand Estimates (WASDE) report

USDA WASDE (World Agricultural Supply and Demand Estimates) Report is a monthly supply and demand forecast for grain, oilseeds and cotton. Sugar, meat, poultry, eggs and milk are also taken into account when assessing US demand and supply.

12 Aug 2019 16:00 GMT

United States Federal Budget Balance

Federal Budget Balance reflects the financial activity of the federal government during the reporting month. It displays a balance between all the incomes and expenditures of the state budget. The report is based on the data obtained from government agencies and banks included into the Federal Reserve. A positive Federal Budget Balance can have a positive effect on USD.

12 Aug 2019 18:00 GMT

Visit:- https://bullseyemarkets.com/EconomicCalendar

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Upcoming Economic Events of This week’s Last Three Days

EIA United States Crude Oil Stocks Change

The Energy Information Administration's (EIA) Crude Oil Stocks Change Indicator is published weekly. It measures the number of barrels of commercial crude oil held by US companies. It is one of the indicators affecting world oil prices.

Growing crude oil stocks indicate a weaker demand for oil and can have a negative impact on the oil barrel price.

Next Release:- 20 Nov 2019 15:30 GMT

Singapore Gross Domestic Product (GDP) q/q

Singapore Gross Domestic Product (GDP) q/q reflects the monetary value of all goods and services produced in Singapore during a given quarter compared to the previous one. Indicator values are seasonally adjusted. The indicator growth can have a positive effect on the Singapore dollar quotes.

Next Release:- 21 Nov 2019 00:00 GMT

Bank of Canada (BoC) Governor Poloz Speech

Bank of Canada's (BoC) Governor Speech has the greatest impact on the national currency among all official speeches. As head of the BoC's Governing Council, the governor can provide clues regarding future monetary policy and BoC interest rate changes.

Next Release:- 21 Nov 2019 13:40 GMT

United States Existing Home Sales

Existing Home Sales shows the amount of the secondary housing sales for the given month. Only closed deals are considered in the report.

The report is used to evaluate the US real estate market.

The indicator growth can have a positive effect on US dollar quotes.

Next Release:- 21 Nov 2019 15:00 GMT

Germany Gross Domestic Product (GDP) q/q

Gross Domestic Product q/q reflects the monetary value of all goods and services produced in Germany during a given quarter compared to the previous one. The calculation takes into account private consumption, government spending, the costs of all enterprises and net exports of the country. GDP growth can have a positive effect on euro quotes.

Next Release:- 22 Nov 2019 07:00 GMT

European Central Bank (ECB) President Lagarde Speech

ECB President Speech reflects the official position of the European Central Bank, therefore every speech is carefully examined by the market participants and analysts. If the ECB President's speech suggests any conclusions on the monetary policy or a clear assessment of the economic and financial situation of the eurozone, the speech influences the EU currency.

If the speech suggests the tightening of the monetary policy, it is seen as positive for the euro.

Next Release:- 22 Nov 2019 08:30 GMT

Canada Retail Sales m/m

Canada Retail Sales m/m show changes in the value of goods sold in retail stores in the specified month compared to the previous month. The indicator is calculated based on statistics from several thousand retail stores, and the data is then extrapolated to the whole country.

The indicator evaluates the consumer activity and inflation. The indicator growth can have a positive effect on CAD quotes.

Next Release:- 22 Nov 2019 13:30 GMT

Canada Core Retail Sales m/m

Canada Core Retail Sales m/m reflect the change in retail sales in the reported month compared to the previous one. The indicator is calculated based on statistics from retail stores of different types and sizes. The index calculation does not include sales of autos and spare parts.

Retails Sales are an indicator of consumer activity in Canada, and an important component of national GDP. The indicator growth can have a positive effect on CAD quotes.

Next Release:- 22 Nov 2019 13:30 GMT

https://bullseyemarkets.com/EconomicCalendar

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Read the Technical summary of the day for EUR/USD and GBP/USD currency pairs

  • EUR/USD Previous closed at 1.1042.

“President Donald Trump touted the robust US economy in his State of the Union Speech. Fresh figures will test this strength. The ADP private-sector jobs report is forecast to show an increase of 156,000 positions in January, below the substantial of 202,000 reported in December. The figure serves as a hint toward Friday's official Non-Farm Payrolls.”

If we gauge the news according to the analysis, for pair is expected to be found first support at 1.1035 and forwards to the next support level of 1.1027. The pair is expected to find resistance at 1.1059 and rise forward to the next level resistance level of 1.1067.


GBP/USD
   
GBP/USD Previous Closed at 1.3029

  • “GBP/USD has benefited from the third consecutive beat, this time in the final Services PMI, which hit 53.9 points – the highest since 2018.”
  • “Traders are seeing a lower chance that the Bank of England – which left rates unchanged last week – slashes borrowing costs later this year.”
  • “The combination of a business-friendly government and a dose of certainty about Brexit – which finally happened, are winning over fears about future EU-UK relations.”

If we gauge the news according to the analysis, for pair is expected to be found first support at 1.2966 and forwards to the next support level of 1.2966, The pair is expected to find resistance at 1.2966 and rise forward to next level resistance level of 1.3071.

Today's Major Economic Events:

  • NZD Employment Change q/q
  • AUD RBA Governor Lowe Speech
  • EUR Retail Sales m/m
  • EUR ECB President Lagarde Speech
  •  

More information about the release time of news and its impact visit Economic Calendar Page!

 

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  • MrD changed the title to Market News By BullsEyeMarkets.com

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