PMI Archives - Page 7 of 7 - Profit Forex Signals

March 5, 2018

Other economic highlights (3/5/2018)

During the European morning we get Eurozone’s Markit Composite PMI for February and Retail sales for January which are forecasted to accelerate. Later on, we get the US ISM Non-Manufacturing PMI for February which is forecasted to drop.

As mentioned on Tuesday we get RBA’s Interest rate decision, on Wednesday we get BoC’s Interest rate Decision and the US ADP Employment report is due out, on Thursday ECB’s Interest rate decision will be announced and on Friday we get BoJ’s Interest rate decision as well as the US Employment report with Non-Farm Payrolls forecasted to drop. Last but not least, on Friday we also get Canada’s Employment Change which is forecasted to increase and could support CAD.

February 21, 2018

Today’s other economic events (2/21/2018)

During European morning we get Germany’s, France’s and Eurozone’s preliminary PMI’s for February, all dropping slightly and could weaken the EUR somewhat. Later on, we get the UK employment data which could support the GBP. Please bear advised for the upcoming Inflation Report hearing in the UK and any possible mentioning of more future rate hikes by Bank of England could also support the GBP. In the American session, we get the US preliminary Manufacturing PMI for February and the US existing home sales for January. Last but not least, the January FOMC meeting minutes will be released and any hawkish tone in their content could support the USD.