US Durable Goods Orders Booming - Banc De Binary Ahead of the Week Report 22/9/ - 26/9 2014
- Duration: 2:58
- Updated: 22 Sep 2014
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Reporting from Banc De Binary’s analysis centre - The Trading Room - welcome to Ahead of the Week for September 22nd-26th, 2014. All event times are GMT.
A quick reminder that the US Federal Reserve looks set to raise interest rates in 2015, and there were no surprises in its asset tapering programme in last week’s decisions.
Moving to Monday the 22nd, trading opportunities on the USD could arise at 14:00, when the US releases the change in Existing Home Sales figures for August, previously reported at 2.4 percent. This is a major indicator of the health of the housing market, which is a strong driver of economic growth.
Tuesday the 23rd brings trading events from Germany at 7:30 am, with Markit’s Manufacturing PMI for September, previously reported at 51.4. Canada releases monthly Retail Sales for July at 12:30 midday, last reported at the level of 1.1 percent. At 13:45, Markit announces US Services PMI for September, previously at 57.9. Then, at 22:45, New Zealand releases Trade Balance figures for August, which came in at minus 692 million in July.
Wednesday the 24th brings traders medium-impact events in Europe and the US, starting with Germany’s IFO Business Climate survey for September at 08:00, previously at 106.3. There’s another event from Germany at 12:00 midday, when Europe’s biggest economy announces its Consumer Price Index for September, previously at 0 percent. At 14:00, the US releases the change in New Homes Sales figures for August, previously reported at the level of minus 2.4 percent.
For more in-depth information on US economic growth, check out Episode 2 in Banc De Binary’s new series ‘In The Money’ that can be found on our Youtube channel. It features an interview with Senior Analyst Lauren Carmouche and is well-worth watching for traders of the US Dollar.
On Thursday the 25th, there’s a high-impact event from the US at 12:30 midday, with the release of Durable Goods Orders for August, previously reported as surging by 22.6 percent in July on the back of stronger-than-expected aircraft orders.
Finally, on Friday the 26th, all eyes will be on USD trades at 12:30, because the US releases updated Q2 GDP data, previously reported at 2.1 percent.
That was Ahead of the Week Report from Banc De Binary’s Trading Room research team.
For more tips and lessons on how to trade Binary Options visit our brand-new educational centre at https://bancdebinary.com/education-centre/learn-binary-options/
To open a trading account with Banc De Binary, please https://bancdebinary.com
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Website: http://www.bancdebinary.com
Reporting from Banc De Binary’s analysis centre - The Trading Room - welcome to Ahead of the Week for September 22nd-26th, 2014. All event times are GMT.
A quick reminder that the US Federal Reserve looks set to raise interest rates in 2015, and there were no surprises in its asset tapering programme in last week’s decisions.
Moving to Monday the 22nd, trading opportunities on the USD could arise at 14:00, when the US releases the change in Existing Home Sales figures for August, previously reported at 2.4 percent. This is a major indicator of the health of the housing market, which is a strong driver of economic growth.
Tuesday the 23rd brings trading events from Germany at 7:30 am, with Markit’s Manufacturing PMI for September, previously reported at 51.4. Canada releases monthly Retail Sales for July at 12:30 midday, last reported at the level of 1.1 percent. At 13:45, Markit announces US Services PMI for September, previously at 57.9. Then, at 22:45, New Zealand releases Trade Balance figures for August, which came in at minus 692 million in July.
Wednesday the 24th brings traders medium-impact events in Europe and the US, starting with Germany’s IFO Business Climate survey for September at 08:00, previously at 106.3. There’s another event from Germany at 12:00 midday, when Europe’s biggest economy announces its Consumer Price Index for September, previously at 0 percent. At 14:00, the US releases the change in New Homes Sales figures for August, previously reported at the level of minus 2.4 percent.
For more in-depth information on US economic growth, check out Episode 2 in Banc De Binary’s new series ‘In The Money’ that can be found on our Youtube channel. It features an interview with Senior Analyst Lauren Carmouche and is well-worth watching for traders of the US Dollar.
On Thursday the 25th, there’s a high-impact event from the US at 12:30 midday, with the release of Durable Goods Orders for August, previously reported as surging by 22.6 percent in July on the back of stronger-than-expected aircraft orders.
Finally, on Friday the 26th, all eyes will be on USD trades at 12:30, because the US releases updated Q2 GDP data, previously reported at 2.1 percent.
That was Ahead of the Week Report from Banc De Binary’s Trading Room research team.
For more tips and lessons on how to trade Binary Options visit our brand-new educational centre at https://bancdebinary.com/education-centre/learn-binary-options/
To open a trading account with Banc De Binary, please https://bancdebinary.com
- published: 22 Sep 2014
- views: 13