Weekly outlook for May 30 to June 3
Here is an economic news calendar for the week of May 30th to June 3rd that highlights the main news items and reports related to US, Canada, Australia and Europe.
Investors Betting on Italian Default
The bets are mounting that Italy will be the next to face default in Europe
Dollar, Treasuries Fall on U.S. Rating Concern
The dollar weakened and Treasuries slid for a third day after Standard & Poor’s Ratings Services became the second ratings company to say this week it may cut the U.S.’s top credit rating. The cost of insuring Asia-Pacific debt rose, while stocks
EURUSD Plunges On ECB Decision
It’s the announcement that everyone was expecting. But, just not this pessimistic.Following their decision to leave interest rates on September 8th unchanged at 1.50%, European central bankers revealed two major reasons behind their decision
Obama's American Jobs Act: What's Hot And What's Not?
A week after the U.S. jobs report printed a big fat zero, President Obama unveiled the much-awaited American Jobs Act. Sure, his plan looked very promising, but will it finally work?
Record UK Current Account Deficit to Pressure UK AAA Rating
Yesterday, I argued that the UK’s credit rating will be a major factor for the GBP/USD, with Moody’s suggesting the loss of its AAA status would be a possibility if the economy faces another shock. The data to monitor will be the continuing debt
Key Week For GBP with BOE Minutes & 4Q GDP
This week will be a key one for GBP as we have 2 very important fundamental risk events - the Bank of England meeting minutes as well as the advanced version of 4th quarter GDP. These two reports will likely determine the direction of the GBP for
UK July Retail Sales Add To Gloom On 3Q Outlook
(Dow Jones via #eFXnews)U.K. retail sales weakened in July to their lowest in more than a year, the Confederation of British Industry said Thursday, adding to evidence that the economy has got off to a slow start in the third quarter.
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'Tis the Season for Rate Cuts?
Thanks to worsening global economic conditions, Brazil decided to bite the bullet and cut interest rates by another 50 basis points last week. Should the other emerging economies follow suit?
Binary Options Economic News & The Week Ahead
On the economic front, leading indicators rose more than expected in May to a record high, according to the Conference Board. Meanwhile, consumer sentiment worsened more than expected in June amid concerns over the outlook for the economy. This w
Binary Options Trading in Turbulent Times (8th Aug)
It seems you cannot read a newspaper or turn on the TV in the morning without reading about or seeing some form of financial crisis hitting somewhere in the world. It appears that nowhere is immune with even the USA having their credit rating low
US Economy Sinking Again, Dollar outlook Grim
Soft U.S. data highlights continuing problems with the U.S. economic recovery even as QE2 cessation looms.


