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     Good Friday on Good Friday! List of heavy data and events for the week of April 15-21

    2019-04-15 12:01:23

    FX678 First Silver Network

    From April 15th to 21st, the United States will release a number of important data, including retail sales data for terrorist data and the Markit Manufacturing PMI Index, which will have a significant impact on the US dollar and gold. With the recent increasing interest in Chinese data in the market, this week's press conference held by the National Bureau of Statistics is also worthy of attention, which will have a direct impact on commodity currencies and commodities. Also next Friday is Good Friday, the major exchanges in Europe and the United States will be closed.

    From April 15th to 21st, the United States will release a number of important data, including retail sales data for terrorist data and the Markit Manufacturing PMI Index, which will have a significant impact on the US dollar and gold. With the recent increasing interest in Chinese data in the market, this week's press conference held by the National Bureau of Statistics is also worthy of attention, which will have a direct impact on commodity currencies and commodities. Also next Friday is Good Friday, the major exchanges in Europe and the United States will be closed.

    Monday (April 15th) Keywords: Fed officials speech, New York Fed manufacturing index

    The overall data is light on the day of the week, so you can pay due attention to the New York Fed manufacturing index, the market expectation is much better than the previous value,The index is currently at its lowest level since May 2017.Therefore, if the data is significantly improved, it may strengthen the market's expectations for the US manufacturing recovery, which in turn will have an impact on the US dollar. Overall, the recent market is highly concerned about manufacturing data, and investors need to pay close attention. At the same time, you can also pay due attention to existing home sales data in Canada, because Canada and Australia are more sensitive to the real estate market.The data is currently at its lowest level since February 2018.At the same time, the recent economic data in Canada is weak, and the market expects the Bank of Canada to cut interest rates. Therefore, if the data improves, it may support the Canadian dollar appropriately. In addition, a number of Fed officials spoke on Monday. It is worth noting that Rosengren and Evans are both more hawkish officials in the Fed. If the two officials’ speeches reveal more dovish signals, they may strengthen the market. As for the Fed’s expectation of a rate cut, the US dollar is expected to be flat. Tuesday (April 16) Keywords: Reserve Bank of Australia interest rate resolution, Germany and European economic climate index
    The Australian dollar has seen a sharp rise this week, and the Australian dollar will choose the direction in a short time, so the minutes of the Reserve Bank of Australia meeting on Tuesday will provide some clues. Looking back at the previous interest rate decision, the Reserve Bank of Australia kept interest rates unchanged, the interest rate statement said that the job market is stable and wages will rise, which provides support for the Australian dollar, but the real estate market is still relatively weak. At the same time, the Reserve Bank of Australia warned that the downside risks facing the world have increased. Affected by this, the Australian dollar fell in the short-term, as the market expects the Reserve Bank of Australia to cut interest rates by 78% in October, and the 3-year bond yields fell. Therefore, the Reserve Bank of Australia's concerns in the minutes of the meeting reaffirmed the downside risks may cause the Australian dollar to fall short-term, but considering the market's expectations for the Reserve Bank of Australia to cut interest rates, the Australian dollar's decline is limited. However, if the Reserve Bank of Australia accidentally said that the risk has been resolved in the near future, it is expected that the Australian dollar will have the opportunity to stand at the 0.72 mark. Another important data is the economic sentiment index for Germany and the Eurozone. From the performance of the previous German data, the euro has rebounded significantly due to the rebound in the data.At present, the index has reached a new high since March 2018. The market expects the data to turn positive. If it meets expectations, it means that the German economy has gradually turned positive.It can lead to a further recovery of the euro, so the market needs to pay close attention. Wednesday (April 17th) Keywords: New Zealand CPI, China Economic Data, Fed Beige Book, British CPI
    Wednesday is the top priority for next week, and data is intensive. First focus on New Zealand's first quarter CPI. Earlier, New Zealand Federal Reserve Chairman Orr said that global economic growth has slowed down and domestic confidence is weak. This has caused the market to bet on the expectations of the New Zealand Federal Reserve to cut interest rates. The market expects that the inflation data will be lowered. If it is in line with expectations, the market will further bet on the Fed to cut interest rates, and the New Zealand dollar will fall to a considerable extent. This is followed by China's economic data. This week, China's social welfare data directly caused the US dollar to refresh its two-week low, as China's economic recovery will have an important impact on the market's economic confidence. From the market expectation, the market expects industrial value added and retail sales to increase, but slightly lowered the growth rate of GDP, which may be affected by the Spring Festival factor, so the market needs to pay attention to the relevant data of the National Bureau of Statistics. Interpretation, this will have a direct impact on commodity currencies. At the same time, appropriate attention can be paid to the direction of commodities, such as iron ore and crude oil, because the increase in industrial added value implies a further recovery of China's manufacturing industry, which will increase demand for iron ore and crude oil. In addition, the data of the UK in the day was intensive, and it was expected to rise from the expectations of the market. Analysts have said that because the British Parliament is in recess before April 23, the market will respond to the UK's economic data, so if the data is unexpectedly good, it may make the pound test the key 1.3150 Pressure, and at the same time the Bank of England Governor Carney will also make this statement, which will give the pound a short-term trading opportunity. Finally, focusing on the Beige Book of the US Economy, the Beige Book will explain the overall economic situation, manufacturing status and consumption status of the United States, which are all aspects of recent market concerns. It is worth noting that from the market reaction after the publication of the Beige Book in the past, the summary of the Beige Book and the statement of the US economic situation in the FOMC statement two weeks later are highly consistent, unless the expression exceeds market expectations, otherwise The response is limited. Thursday (April 18) Keywords: Australian unemployment rate, US retail sales data, US April Markit manufacturing PMI
    Although there is not much data on Thursday, the importance is very high. The first is the unemployment rate in Australia. The data continued to fall in February, alleviating the market's worries about the Australian economic slowdown, which led to the rapid rise of the Australian dollar. The market expects the unemployment rate to rise, especially in the near-term market expectations that the Reserve Bank of Australia will cut interest rates, so it may put pressure on the Australian dollar. However, if the data is unexpectedly good, it may push the Australian dollar higher. Second is the US retail sales data known as horror data.The market is expected to increase from the previous -0.2% to 0.8%, if it is expected to be the highest level since September 2017, which will drive the dollar's sharp recovery.Another important data is the US Markit manufacturing PMI data. Recently, the market's risk aversion has fallen sharply due to the recovery of Sino-US manufacturing data. The market also expects the data to be raised. If it meets expectations, it will promote the synchronization of the US dollar and the US stock market. Rising, this will be a fatal blow to gold, especially in the case of the recent weak gold trend, which may aggravate the decline of gold, the market needs to pay close attention. Friday (April 19th) Keywords: Rest on Good Friday, Japan CPI, US New Housing Operating Rate
    On Friday, due to Good Friday, European and American exchanges were closed, including the international gold market and the oil market.Therefore, it is necessary to pay attention to Japan's CPI data, which is at the lowest level in a few years, which supports the Bank of Japan's expectation of extending the loose monetary policy, which puts pressure on the yen. Therefore, if the data rebounds, it may slightly boost the yen in the short term. But it is worth noting that the Bank of Japan's inflation target is 2%, so even if 0.5% is far below the Bank of Japan's target, it is expected to have a limited boost to the yen.

    Gold trading reminder: the golden weekly line has a falling triangle, this week's two big data or decided to go

    Spot gold continued its decline last week, as the economic data of China and the United States were better than expected last week, and the US financial report data was bright, the market's risk appetite rebounded significantly, thus putting pressure on gold prices.

    2019-04-15 Trump once again "attacks" the Fed. The latest trading strategies for the euro, Australian dollar, New Zealand dollar and crude oil.

    On Monday (April 15), the Asian market was in early trading, and the international spot gold was at $1,287.70 per ounce. The price of gold oscillated lower in the previous trading day, and it was the second consecutive since it suffered a setback on Thursday.

    Hot searchGood Friday Interest rate statement Gold price shock

    Editor in charge: Lu Shan RF10057

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