Just finished my calendar.Took longer then anticipated but glad I did it saw some nuisances and ideas which I could not grasp if I were just casually glancing it.
What a great week on calendar next week
dominated by commodity pairs and right in the middle Euro and GBP news immediate my thought EG EC EN comes to mind.Lets start
MON
CAD-BOC Business Outlook Survey-This report is highly respected given its source and timing in relation to interest rate decisions. It can also have predictive qualities regarding future economic conditions because the surveyed firms are selected in accordance with their composition of the nation's GDP.It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment
Notes to self-Since this is coming out 11hrs earlier then AUD Monetary Policy Meeting Minutes its likely AC may continue going south from previous swing high most of Monday day time.It most likely halt and even reverse once Asia session opens.
AUD-Monetary Policy Meeting Minutes
It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates
Notes to self.Despite of housing issues its likely RBA stays on same policy as current.No changes.In which case AUD likely to gain even more cross the field specially AN 700? Why not although correction is "due" here.I buy only on AN until we reach 800
Tues
NZD- CPI Q/Q Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
Forcast is positive .03 from previous .01
Notes to self-After RBNZ dovish statement its unlikely this to be a big mover however should EN bounce north of 67 its worth tracking it down.
CNY GDP-6.3% 6.4%
Notes to self-should it be same don't expect much reaction however very green can gave more stimuli to AUD and NZD and less extend CAD
Its important to track all commodity pairs each day as more events unfolding.
Weds
GBP-CPI 2.0% 1.9% Released monthly, about 16 days after the month ends.This is considered the UK's most important inflation data because it's used as the central bank's inflation target.Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
Notes to self. Red number here should present maybe opportunity to sell GBP against CAD NZD. GC in particular seems attractive since its next major event after this hence market may position itself for the impact specially that CAD CPI is coming up later.
OPEC meeting all day
Notes to self. Not increasing output will be good for CAD and less extend AUD and NZD
CAD CPI No forecast/Trade Balance NO forecast yet on both
Notes to self remember GC earlier....
GBP-BOE Gov Carney Speaks-Lately he has no impact on speaking I guess Brexit is dominating this currency.
AUD-Employment Change 15.2K 4.6K nice n green
AUD Unemployment Rate 5.0% 4.9%
Notes to self-Should the monetary policy come out dovish and this data mix I anticipate AUD to decline.
Thurs
French and German PMI most forcast slight green but not much.German PMI has more impact.
GBP-Retail Sales m/m wow real decimal forecast -0.3% 0.4%
Notes to self EG possible buy specially if German PMI comes out green
CAD-Core Retail Sales m/m no forecast yet
USD-Core Retail Sales-Very nice green here 0.7% -0.4%
Note to self-Anticipate USD bulls returning with a punch....likely scenario
Wow what an exciting week to look forward too.
I apologize for colors but it helps me see things right away and being a painter colors are my friends...
What a great week on calendar next week
dominated by commodity pairs and right in the middle Euro and GBP news immediate my thought EG EC EN comes to mind.Lets start
MON
CAD-BOC Business Outlook Survey-This report is highly respected given its source and timing in relation to interest rate decisions. It can also have predictive qualities regarding future economic conditions because the surveyed firms are selected in accordance with their composition of the nation's GDP.It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment
Notes to self-Since this is coming out 11hrs earlier then AUD Monetary Policy Meeting Minutes its likely AC may continue going south from previous swing high most of Monday day time.It most likely halt and even reverse once Asia session opens.
AUD-Monetary Policy Meeting Minutes
It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates
Notes to self.Despite of housing issues its likely RBA stays on same policy as current.No changes.In which case AUD likely to gain even more cross the field specially AN 700? Why not although correction is "due" here.I buy only on AN until we reach 800
Tues
NZD- CPI Q/Q Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
Forcast is positive .03 from previous .01
Notes to self-After RBNZ dovish statement its unlikely this to be a big mover however should EN bounce north of 67 its worth tracking it down.
CNY GDP-6.3% 6.4%
Notes to self-should it be same don't expect much reaction however very green can gave more stimuli to AUD and NZD and less extend CAD
Its important to track all commodity pairs each day as more events unfolding.
Weds
GBP-CPI 2.0% 1.9% Released monthly, about 16 days after the month ends.This is considered the UK's most important inflation data because it's used as the central bank's inflation target.Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
Notes to self. Red number here should present maybe opportunity to sell GBP against CAD NZD. GC in particular seems attractive since its next major event after this hence market may position itself for the impact specially that CAD CPI is coming up later.
OPEC meeting all day
Notes to self. Not increasing output will be good for CAD and less extend AUD and NZD
CAD CPI No forecast/Trade Balance NO forecast yet on both
Notes to self remember GC earlier....
GBP-BOE Gov Carney Speaks-Lately he has no impact on speaking I guess Brexit is dominating this currency.
AUD-Employment Change 15.2K 4.6K nice n green
AUD Unemployment Rate 5.0% 4.9%
Notes to self-Should the monetary policy come out dovish and this data mix I anticipate AUD to decline.
Thurs
French and German PMI most forcast slight green but not much.German PMI has more impact.
GBP-Retail Sales m/m wow real decimal forecast -0.3% 0.4%
Notes to self EG possible buy specially if German PMI comes out green
CAD-Core Retail Sales m/m no forecast yet
USD-Core Retail Sales-Very nice green here 0.7% -0.4%
Note to self-Anticipate USD bulls returning with a punch....likely scenario
Wow what an exciting week to look forward too.
I apologize for colors but it helps me see things right away and being a painter colors are my friends...
In trading, you have to be defensive and aggressive at the same time
Leaving EU, EC short open with generous swap+ by my broker waiting for better result. {image} {image}
RS {file}{file}
and relax. i know what i am talking about and i know there are many who just want to see this into commercial zone,was just trying to say to not give them any tinny reason for any reports,thats all. you really need to relax. and watch your language when talk to me.