Skip to toolbar

The Week Ahead 03rd December 2018
Published: 12/02/2018

This week we will look at Dow, Dax, EURUSD, USDJPY, Gold Key Trading levels.

A much quieter week is ahead of us for Economic Data at the beginning of last trading month for 2018. The week starts with European and also US Manufacturing PMI on Monday. Reserve Bank Australia (RBA) Interest Rate Decision and Rate Statement are due on Tuesday with the expectations that the base rate will be left unchanged at 1.5%. This event could impact volatility across Australian Equities and AUD currency crosses. On Wednesday markets will pay attention to European and US Services PMI data. Bank of Canada Interest Rate Decision and Rate Statement are also due on Wednesday and could impact volatility in CAD currency crosses.  US Jobless Claims are the main point of interest on Thursday. The week will finish with European GDP data release followed by US and Canadian Unemployment Rates.  US Nonfarm Payrolls are probably the most eagerly watched event for this week. Current expectations are for 205K jobs created in the last month from previously published 250K jobs. This data release could impact volatility in US equities and also in USD currency crosses.  

From the UK point of view, any additional Brexit related announcement or challenges to PM May’s leadership could impact volatility in UK equities and also GBP currency crosses.





Get a solid grounding in the foundations of financial trading. Take the first module for free. ENROL FOR FREE

With the advance of computers, technology and software, traders are now able to automate their trading with automated trading systems.

In this article we'll look at how they’re built, how they work and advantages and disadvantages.


👨‍🏫 Looking to find a Forex trading Mentor?

👇 Our latest blog posts helps you do just that!

#fx #forex #beginner #beginningtotrade #education #student #mentor

Load More...


Our no-nonsense online courses cater for all levels and ambitions. VIEW COURSES


Not recently active