Happy Tuesday, dear traders! Here’s what we follow:
The jobs data may support the AUD
Information is not investment advice
The Australian jobs data will be out on May 16, at 4:30 MT. The indicator of employment change demonstrates how many people were employed during the previous month. Analysts anticipate it to advance by 15,200 people this time. As for the unemployment rate, it is anticipated to remain at the same level of 5%. The indicators may bring positive momentum to the AUD, which is struggling amid the trade tensions.
• If the actual level of employment change is higher and the unemployment rate is lower than the forecasts, the aussie will go up;
• If the actual level of employment change is lower and the unemployment rate is higher than the forecasts, the aussie will go gown.
Similar
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
What's going on with the US GDP? Economists think that the first quarter will be pessimistic. Let's check.
Popular
The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.