Trading news

AHEAD OF THE WEEK: 3 – 7 February 2014


Here is our round-up of the key trading events for the 3rd to the 7th of February. Don’t forget to visit our YouTube channel for more market analysis.

[Note: All times stated are GMT]


The trading week gets underway with an early release from Canberra at 12:30, with Australian Building Approvals figures. The Aussie construction sector will be looking for a reverse to the negative postings we saw in December and January.

At 9:30, a Manufacturing PMI report from Markit comes out from the U.K., and we close the day at 15:00 with more factory output data, this time from the U.S, with the result of the Institute for Supply Management’s monthly survey of Purchasing Managers.


For traders of the Aussie dollar, the day begins early at 03:30 with the Reserve Bank of Australia’s cash rate for February. Australian consumer prices rose by a surprising 0.8% in the last quarter of 2013, so a further cut in interest rates highly unlikely this week.

At 09:30 we move to London for another PMI report from Markit - U.K. Construction PMI. A relatively quiet morning and afternoon follows with nothing of real significance until 21:45 when out comes the release of labour figures from New Zealand, with both quarterly Employment change and the Unemployment rate for December 2013. 


No Australian releases on Wednesday, so the trading day gets started at 9:30 in the morning, with U.K. Services PMI. Following that comes the ADP Non-Farm Employment Change estimate at 13:15, followed by Canadian Building Permits at 13:30. The day comes to a close back in the U.S. with the Institute for Supply Management’s Non-Manufacturing PMI for January at 15:00.


Another early release from Canberra – an important one – at 12:30 with the Australian Trade Balance. This always tends to generate multiple opportunities for binary options traders simply because of the historical inaccuracy of the analysts’ forecasts.

In the afternoon we continue with international Trade data with U.S. and Canadian Trade Balances for December both out at 13:30. While these simultaneous releases can open up decent opportunities on the Loonie, keep an eye on the euro/dollar as U.S. Unemployment Claims figures are also scheduled for release at 13:30.


The first Friday of the month brings us Employment Change figures and the Unemployment Rate for Canada, the U.S. Unemployment Rate and, of course, Non-Farm Payrolls.


Monday, 03 Feb, 2014 / 7:06

Source :

Trading news


The USD Remains Under Pressure

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex   EURUSD continues [...]

Posted on Monday, 24 Jun, 2019 / 11:50 under

Weekly Outlook: June 24 – June 28: G20 Summit Takes Center Stage, RBNZ Decision Also in Focus

This week, market participants are likely to be sitting on the edge of their [...]

Posted on Monday, 24 Jun, 2019 / 7:00 under

Oil added almost 5% against the backdrop of the possible conflict in Middle East

Brent crude has got over the important mark of $65 per barrel and added about [...]

Posted on Friday, 21 Jun, 2019 / 3:58 under