CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

Weekly Economic

2017-5-8 11:13:48Market Analysis
Weekly Economic

U.S. Dollar


It will be a moderately busy week for the greenback, beginning on Wednesday with a release of Crude Oil Inventories numbers. Thursday sees the release of Unemployment Claims and PPI data, followed on Friday by CPI, Retail Sales, and Preliminary UoM Consumer Sentiment.


British Pound


It will be an important week for the Pound, with everything happening on Thursday with releases of the Bank of England’s Monetary Policy Summary and Inflation Report, as well as the Official Bank Rate and Votes. There will also be a release of Manufacturing Production data.


New Zealand Dollar


It will be an important week for the Kiwi, with everything happening on Thursday with releases of the Reserve Bank of New Zealand’s Rate Statement and Official Cash Rate, followed by the usual Press Conference. The Governor of the Bank will subsequently be testifying before Parliament.

 

Australian Dollar


It will be a reasonably important week for the Aussie, starting on Tuesday with the release of Retail Sales data and the Government’s Annual Budget Release.


Chinese Yuan


Monday will see the release of Trade Balance data.