Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Friday, 19 April 04:38 (GMT -05:00)



Stock and commodities markets

Economic Calendar by Dukascopy 31.01.2017


There's plenty on the schedule on the last day of January. Let's take a closer look.
German Retail Sales for December are up first at 7 AM. Sales slipped unexpectedly in November, partially reversing a strong 2.5% gain the previous month.
European Central Bank President Mario Draghi will be giving a closely watched speech at 8. He will deliver the opening remarks at a joint ECB and European Commission conference in Frankfurt.
The closely watched German Labour Report for January follows at 9. Unemployment fell more than anticipated in December, pointing to accelerated improvement of the German economy.
UK Mortgage Approvals for December are out at half past 9. The number of approvals has been growing for the past 3 months and now stands at a 9-month high.
A number of news releases regarding the Euro Zone economy will be available at 10, including the high importance preliminary fourth quarter GDP. European economy continued growing at a steady point 3% pace in the third quarter.
The highly anticipated preliminary January CPI comes at the same time. The December report showed some much-appreciated growth as the annual inflation rose by half a percentage point on the back of higher energy prices.
And December Unemployment Rate is out at this time as well. The rate has stood at the same 9.8% level for the past 2 months, and it is the lowest reading in 7 years.
Coming up next at 1:30 PM GMT is a high importance release for the Loonie Dollar traders, namely, Canadian November GDP. The October reading showed an unexpected and disappointing contraction, but this release is expected to show a return to growth.
Yet another closely watched release, the US Consumer Confidence for January, follows at 3. Consumer confidence continued to improve in December from the already-high November reading of 109.4.
Kiwi Dollar traders may want to pay close attention to the New Zealand fourth quarter Labour Report, which is out at quarter to 10. The third quarter report surprised on the upside as unemployment rate reached its lowest level in 7 years.
Australian PMI for January will be available at half past 10. The Index has stood in the positive territory for the past 3 months.
And the closely watched Chinese PMI for January concludes this busy schedule at 1. Both the manufacturing and services PMIs eased in December, but they still indicated expansion in their respective sectors.
I'm Kiays Khalil and this was the Economic Calendar for Tuesday, the 31st of January. Wednesday brings the latest Fed statement, so make sure you check back.

 

 

 

Video made by Dukascopy specialists

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Will U.S. Stock Market Grow This Year?

The American stock market has reached another crucial strange. The forthcoming macroeconomic stats may trigger a major move in any of the 2 directions. International experts say that the future market reaction will depend on a number of macroeconomic stats as well as several events. However, the current bias seems to be bullish since at this point, there are no major reasons to expect another stock market crash within the next 12-18 months.
Publication date: 27 January 07:56 AM

Experts Anticipate U.S. Stock Market Crash This Winter

As you probably know, the U.S. stock market has been in the red zone over the last few weeks. International experts assume that this downtrend is likely to continue in the first quarter of 2019. The key reason is the fact that really huge volumes of risky assets are under the risk of forced sales, Market leader reports, with reference to Forbes.

Publication date: 04 January 04:13 AM

Why did crude oil crash by almost 11% last week?

The past trading week was a nightmare for the global market of crude oil, with a major price crash. In particular, Brent oil dropped in value all the way down to the lowest price since July 2017. This was a dive below 53 dollars per barrel. Since then, international experts have been trying to figure out the reason for that.
Publication date: 26 December 09:40 AM

Russia and OPEC agreed to cut down on their oil production in 2019

As you probably know, the participants of the latest OPEC summit agreed to cut down on their oil production next year. This triggered a temporary price rally in the international market of crude oil.
Publication date: 23 December 02:01 AM

OPEC and Saudis Are Planning To Back Oil Prices

International experts and governments have been closely watching the drama going on in the international market of crude oil. According to The Wall Street Journal, Saudi Arabia is going to quit the overproduction of crude oil for the sake of preventing oil prices from going down any further and, if possible, backing their new growth.
Publication date: 05 December 11:00 AM

Investing in World's Most Secure and Profitable Stocks in NordFX

Publication date: 02 December 09:32 AM

Golden Medium: Russia Isn't Concerned About Decreasing Oil Prices

Market Leader reports that the global market of rude oil has been seen a prolonged downtrend after a pretty strong rally seen over a couple of months in a row. Not so long ago, a barrel of Brent oil used to cost 86 dollars. At this point, it costs just 70 dollars. Still, the Russian authorities don't seem to be concerned about this price drop at all. Experts say the see no reason to worry about the situation.
Publication date: 12 November 11:57 AM

Apple's Market Cap Drops Below 1 Trillion Dollars

Apple's market capitalization has dropped below 1 trillion dollars. Market Leader reports that this summer, Apple became the world's first company to reach such a stunning result - market cap over 1 trillion dollars. Apparently, all of that became possible due to higher Apple stock prices.
Publication date: 07 November 02:18 AM

Gold Keeps Losing Its Safe-Haven Asset Status

The amount of political and economic crises keeps on growing in the world but gold is still going down in value. International experts have been trying to figure out the reasons why contemporary investors are investing in other assets instead of gold as it used to be ages. It's interesting to note that they are mostly investing in dollar assets.

Publication date: 25 October 11:52 AM

USA Leaves China Without Crude Oil, Russia Is Ready To Compensate

The trade war between the United States and China is still underway. Earlier this month, America made another attempt to undermine the Chinese economy. The thing is, that up until recently, America used to be one of the biggest exporters of crude oil to China. In summer, the U.S. export of crude oil to China used to be equal to 10,5 million barrels a month. At this point, America has almost suspended the export of crude oil to China. Last month American oil companies shipped as little as 600K barrels, with no oil shipping planned for this month.

Publication date: 17 October 10:29 AM