Ben Mauerberger

New Post has been published on https://worldwide-finance.net/analysis/retail-sales-uk-0900-gmt2

Retail Sales. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), UK will publish data on retail sales for February. Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level based on a sample of stores of different types and sizes. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity, including GDP. Retail sales growth is expected to slow from 0.9% to 0.2%. The realization of the forecast can put pressure on the pound.

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New Post has been published on https://worldwide-finance.net/analysis/gfk-german-consumer-climate-index-germany-0900-gmt2

GfK German Consumer Climate Index. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), data on the Gfk consumer climate index in Germany for April will be published. It assesses the degree of consumer confidence in the strength of the economy and is a leading indicator for consumer spending. The index is expected to decline from 9.8 to 7.1 points. The realization of the forecast can put pressure on EUR.

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New Post has been published on https://worldwide-finance.net/analysis/durable-goods-orders-usa-1430-gmt2

Durable Goods Orders. USA, 14:30 (GMT+2)

Februsry data on orders for durable goods in the USA is due at 14:30 (GMT+2). Durable goods are those whose service life is more than three years. It is a leading indicator of industrial activity. The total volume of orders is expected to decrease for the second consecutive month, this time by another 0.8%. The volume of core orders (excluding transport) can reduce by 0.4%. The realization of the forecast can put pressure on USD.

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New Post has been published on https://worldwide-finance.net/analysis/jolts-job-openings-united-states-1600-gmt2

JOLTs Job Openings. United States, 16:00 (GMT+2)

At 16:00 (GMT+2) in the USA, data on the number of vacancies in the JOLTS labor market for January will be published. It captures the number of new open vacancies in the non-agricultural sector and is an important indicator of the US labor market. The indicator is expected to grow from 6.423 million to 6.476 million jobs. The implementation of the forecast may support the US dollar.

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New Post has been published on https://worldwide-finance.net/analysis/reserve-bank-of-australia-meeting-minutes-australia-0230-gmt2

Reserve Bank of Australia Meeting Minutes. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), the minutes of the RBA meeting will be published, which may contain hints of further actions of the regulator in the field of monetary policy. In early March, the regulator lowered the interest rate to a new record low of 0.50%. At the same time, the RBA made it clear that it was ready to further reduce rates if necessary.

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New Post has been published on https://worldwide-finance.net/analysis/consumer-price-index-usa-1430-gmt2

Consumer Price Index. USA, 14:30 (GMT+2)

The data on the US Consumer Price Index for February are due at 14:30 (GMT+2). It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. It has a significant impact on monetary policy decisions. It is expected that the Consumer Price Index on a monthly basis will increase from 0.1% to 0.2%, and on an annualized basis it may decrease from 2.5% to 2.2%.

New Post has been published on https://worldwide-finance.net/analysis/reserve-bank-of-new-zealand-governor-orr-speech-new-zealand-0300-gmt2

Reserve Bank of New Zealand Governor Orr Speech. New Zealand, 03:00 (GMT+2)

At 03:00 (GMT+2), the RBNZ Governor Adrian Orr will deliver a speech in which the official will set out the principles on how the regulator would assess and use unconventional monetary policy tools, if they are ever needed. At the same time, Orr will not touch on the current economic situation and options for further development of the situation.

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New Post has been published on https://worldwide-finance.net/analysis/adp-nonfarm-employment-change-us-1515-gmt2

ADP Nonfarm Employment Change. US, 15:15 (GMT+2)

At 15:15 (GMT+2) in the US, February data on the number of employees outside the agricultural sector from Automatic Data Processing will be published. They are based on a survey of about 400K business sources. It is a leading indicator to federal employment data. It is expected that the figure will drop from 291K to 170K, which may put pressure on the US currency.

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New Post has been published on https://worldwide-finance.net/analysis/ism-non-manufacturing-pmi-united-states-1700-gmt2

ISM Non-Manufacturing PMI. United States, 17:00 (GMT+2)

At 17:00 (GMT+2), the index of business activity in the US non-manufacturing sector for February will be published. The indicator reflects the state of business activity in the services sector and is calculated on the basis of a survey of supply managers of non-manufacturing enterprises. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is evaluated. The index is expected to decline from 55.5 to 54.9 points. The implementation of the forecast may put pressure on the US dollar.

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New Post has been published on https://worldwide-finance.net/analysis/building-permits-new-zealand-2345-gmt2

Building Permits. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), New Zealand will publish data on the number of issued building permits for January. The indicator records a monthly change in the number of permits issued by the New Zealand government for the construction of real estate and is one of the most important indicators of the construction sector.  The number of permits is expected to decrease by 0.9% after rising by 9.9% a month earlier. The realization of the forecast can put pressure on NZD.

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New Post has been published on https://worldwide-finance.net/analysis/ecb-president-lagarde-speech-eu-1530-gmt2

ECB President Lagarde Speech. EU, 15:30 (GMT+2)

At 15:30 (GMT + 2), the head of the European Central Bank, Christine Lagarde, will deliver a speech as part of his visit to State of Hesse, in Wiesbaden, Germany. The comments of officials of such a high rank traditionally attract the attention of investors, as they may contain an assessment of the current state of the block and global economy, as well as hints of further actions of the regulator.

New Post has been published on https://worldwide-finance.net/analysis/oil-reserves-report-from-api-usa-2330-gmt2

Oil reserves report from API. USA, 23:30 (GMT+2)

At 23:30 (GMT+2), a weekly report on the amount of oil reserves in the United States from the American Petroleum Institute (API) will be released. In addition to the data on oil reserves, the most important in the report, it contains statistics on the amount of gasoline and distillates in the United States. A reduction in oil reserves traditionally leads to an increase in oil quotes, and growth leads to a decrease. Last time, US oil inventories rose 4,200 million barrels. Continuation of this trend may put pressure on oil prices.

New Post has been published on https://worldwide-finance.net/analysis/conference-board-consumer-confidence-united-states-1700-gmt2

Conference Board Consumer Confidence. United States, 17:00 (GMT+2)

At 17:00 (GMT+2), the Conference Board consumer confidence index for February will be published in the United States. It is based on a survey of 5K American households and takes into account their vision of the current and future economic situation. This is a leading indicator that predicts consumer spending that is part of economic activity. High rates indicate consumer optimism. The value is expected to grow for the third month in a row, this time from 131.6 to 132.4 points. The implementation of the forecast may support the US currency.

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New Post has been published on https://worldwide-finance.net/analysis/fomc-meeting-minutes-usd-2100-gmt2

FOMC Meeting Minutes. USD, 21:00 (GMT+2)

At 21:00 (GMT+2), the minutes of the last meeting of the US Federal Open Market Committee will be published, which may contain hints of further actions of the regulator. At the January meeting, the interest rate was maintained in the previous range of 1.50% –1.75%. Fed Chairman Jerome Powell noted that the US economy continues to grow at a moderate pace while maintaining a strong labor market.

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New Post has been published on https://worldwide-finance.net/analysis/employment-change-united-kingdom-1130-gmt2

Employment Change. United Kingdom, 11:30 (GMT+2)

At 11:30 (GMT+2), data on the level of employment for December (3M/3M) will be published. This indicator captures changes in the number of employed citizens in the country. It is expected that the indicator will decrease from 208K to 143K. The implementation of the forecast may put pressure on the pound.

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New Post has been published on https://worldwide-finance.net/analysis/business-nz-pmi-new-zealand-2330-gmt2

Business NZ PMI. New Zealand, 23:30 (GMT+2)

At 23:30 (GMT+2), data on the index of business activity in the manufacturing sector for January in New Zealand will be published. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of procurement and supply managers of leading national enterprises in all industries. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is evaluated. The index is expected to grow from 49.3 to 51.0 points. The implementation of the forecast may support the New Zealand…

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New Post has been published on https://worldwide-finance.net/analysis/rba-governor-lowe-speaks-australia-0215-gmt2

RBA Governor Lowe Speaks. Australia, 02:15 (GMT+2)

At 02:15 (GMT+2), the head of the Reserve Bank of Australia, Philip Lowe, will take part in the discussion at the 7th Australia-Canada Economic Leadership Forum in Melbourne. The comments of figures of such a high rank traditionally attract the attention of investors, as they may contain an assessment of the current state of the national and global economy, as well as hints of further actions of the regulator.