Focus on tradable news from Erste News
The current week’s traded news calendar will focus on Wednesday and Thursday.
On Wednesday:
At 01:4 – Consumer Price Index (CPI) (q/q) (Q1) of New Zealand will be announced. In conditions of maintaining optimism in the stock markets and confirming positive statistics on inflation in New Zealand, the indicator may cause a very strong movement in the New Zealand dollar.
At 11:30 – Consumer Price Index (CPI) (y/y) (mar) in the UK will be released. These statistics are expected to increase inflationary pressure, which will support the British pound. In the conditions of preservation of the ascending dynamics in the British against the Japanese yen and the US dollar, a significant strengthening will be limited by the British overbought.
At 15:30 – Core consumer price index (CPI) (m/m) (mar) of Canada will be published. After the March CPI growth in Canada, we can expect a seasonal decline in this indicator to values of 0.4-0.2%. The Canadian dollar dynamism remains very ambiguous, limited to the general sideways trend.
On Thursday:
At 11:30 – retail sales will be released (m/m) (Mar) in the UK, with expected slow down in March. The impact of the news on the British pound is likely to be reduced. In the face of reduced stress around Brexit, economic indicators may come to the fore.
At 15:30 – the volume of retail sales (m/m) (Mar) USA. Also at 15:30 – will announce the volume of retail sales (m/m) (Feb) of Canada. Expectations regarding these indicators remain very optimistic. At the same time, the simultaneous publication of statistics will cause a significant increase in volatility in the market and especially in USD/CAD pair. These currencies will be influenced by market sentiment to a large extent.
Leave an application to bid and earn with Erste News!
We are ready to actively advise on all issues about the work of the Erste News trading system:leave a request on the page and our consultants will immediately contact you!
You need to hurry if you did not connect to trade news with Erste News still!
A full calendar of traded news for a week you can always find on the page.