Welcome to the TPwithUS Forex Signal and Analysis Site! Here we share, the Red economy news of the second week of April 2024. That means High-impact news refers to economic and financial events that have the potential to affect the forex market significantly.
The Red Economy News of this week
Week Ahead:
Strong US Jobs Data Failed to Sustain Dollar Rally, Can the March CPI Do Better?
The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism. In Q1 24, nonfarm payrolls rose by an average of 276k. It was the strongest quarter in a year and compared with an average monthly job gain of about 251k in 2023. The unemployment rate slipped as the household survey jumped around 500k after falling in the previous two months. The workweek increased, and the participation rate rose. Reasons to dismiss the employment data are becoming thinner.
Wednesday, Apr 10
1. 2:00 am UTC, NZD (New Zealand Dollar), Official Cash Rate
2. 2:00 am UTC, NZD (New Zealand Dollar), RBNZ Rate Statement
3. 12:30 pm UTC, USD (United States Dollar), Core CPI m/m
4. 12:30 pm UTC, USD (United States Dollar), CPI m/m
5. 12:30 pm UTC, USD (United States Dollar), CPI y/y
6. 1:45 pm UTC, CAD (Canadian Dollar), BOC Monetary Policy Report
7. 1:45 pm UTC, CAD (Canadian Dollar), BOC Rate Statement
8. 1:45 pm UTC, CAD (Canadian Dollar), Overnight Rate
9. 2:30 pm UTC, CAD (Canadian Dollar), BOC Press Conference
10. 6:00 pm USD (United States Dollar), FOMC Meeting Minutes
Thursday, April 11
11. 12:15 am UTC, EUR(Euro), Main Refinancing Rate
12. 12:15 am UTC, EUR(Euro), Monetary Policy Statement
13. 12:30 pm UTC, USD (United States Dollar), Core PPI m/m
14. 12:30 pm UTC, USD (United States Dollar), PPI m/m
15. 12:30 pm UTC, USD (United States Dollar), Unemployment Claims
16. 12:45 am UTC, EUR(Euro), ECB Press Conference
17. 5:00 pm UTC, USD (United States Dollar), 30-y Bond Auction
Friday, April 12
18. 6:00 am UTC, GBP(Great Britain Pound) ,GDP m/m
19. 2:00 pm UTC, USD(United States Dollar), Prelim UoM Consumer Sentiment
Thanks for reading Red economy news of the second week of April 2024 with us, Be informed by the TPwithUS team, and take profit with us in the Forex market.
source:https://www.forexfactory.com/
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