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EUR Spanish Elections – preliminary results midafternoon EDT Sunday! Most scenarios “Positive”?
Comments suggest effect may not be instant but will be with time?
Brexit talks continue?
Weaker ECD and Global Growth may affect EUR?
Thursday Watch EUR News – Is downturn continuing? German Retail Sales forecast less -0.5%
German, Spanish, French & Italian news will be tell all?
Friday CPI may tell on EUR?
EURNZD Opens 70 pips below WP – correction to WP?
JPY Long Holiday scene with most Brokers suggesting real caution. Will not Trade JPY Pairs.
AUD Wednesday: Although Yellow News watch HIA New Home Sales – Will market depress further?
Thursday Building Approvals – will the decline continue? Yes according to forecast!!
AUDNZD Opens 45 pips below WP “Correction to WP?
USD Will USD strength continue Monday? China-US Trade Deal on the cards??
Wednesday FOMC Meeting – Very important – see Kathy Lien Report Investing.com
Rate change may be off the Agenda due to Friday’s GDP Report 3-2% vs Forecast 2.3%.
Powell: “..it’s a great time for the Fed to be patient, to watch and wait.”
US-China Trade Talks may be finalized?
Pres. Xi last week implied that many US demands are likely to be met? Deal close?
This if announced will be a mover for USD & Commodity Pairs especially AUD, NZD and CAD?
Friday NFP etc….!
FOMC Members speak from 10.15am through to 7.45pm.
Why? Good US News from NFP etc.?? Or not so good???
Monday through early Wednesday am, favor again commodity Pairs, NZD, AUD, CAD and USD
Most likely exit all trades before 10.00am EDT??? Not likely to trade till the next week!
AUD & NZD Rate decisions next week (5/06 & 5/07)
No to JPY Pairs.
Will EURNZD correct then down again?
Watch AUDNZD now a favorite!
Watch WTI Crude – Daily Price Action – Will 60.30 hold or break above 60.30-50??
Visit: Investing.com Live Charts Look at Weekly and Daily candles.
Calendar Events (EDT)
Fri 4.30am GBP Services PMI Forecast increase 50.4 from 48.9
5.00am EUR Services PMI, CPI Flash, Core CPI Flash
8.30am USD Average Hourly Earnings Forecast increase 0.3% from 0.1%
Non-Farm Payrolls Forecast Decrease 181K from 197K
Unemployment Rate Forecast same
10am – 7.45pm FOMC speakers