The pace of news releases picks up on this Tuesday, so let’s take a look at the potential market movers with the Dukascopy Economic Calendar. The high importance UK Employment Report for December opens this agenda at 9:30 in the morning. Unemployment rate was unchanged at 4.1 percent in previous report. The number of people claiming for unemployment benefits were up by nearly 22 thousand, which was the sixth consecutive increase. The UK Public Sector Finances report for December will be available at the same time as the jobs data. Net borrowing with public sector banks excluded was 7.2 billion pounds in November. This was nearly one billion pounds less than a year ago. The Euro Zone and German ZEW Surveys for January are up next at 10 o’clock. Economic sentiment remained in the negative territory in December, but declines moderated, surprising on upside. A couple of Canadian publications for November will then be available at 1:30 PM GMT. This includes Wholesale Sales figures and Manufacturing Sales statistics. The US Existing Home Sales data for December follows at 3 o’clock. Total November existing home sales increased by 1.9 percent from October to a seasonally adjusted rate of 5.32 million. The Kiwi Dollar traders should be monitoring closely the high importance New Zealand CPI release for the final quarter of last year. Inflation accelerated faster than expected in the third quarter as it jumped by point 9 percent. The publication of the Australian Leading Index for November continues the data run at 11:30 PM. The index slipped by one tenth of a percent in October to wipe out September’s increase. Japanese Trade Balance for December wraps up this agenda at ten to midnight. Deficit expanded in November to 737.3 billion Japanese Yen. This compares with a surplus of more than 100 billion a year ago. I’m Kiays Khalil and that’s all for Tuesday’s Economic Calendar. Bye for now.

 

This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD surges above 1.1100 as Trump announces steps against China

EUR/USD is trading above 1.1100, up on the day. President Trump said he orders companies to search Chinese imports for drugs. Earlier he criticized Powell's lack of action. 

EUR/USD News

GBP/USD jumps above 1.2250 on USD weakness

GBP/USD is trading close to the monthly highs above 1.2250 as the US dollar falls following Powell's hint of cutting rates and Trump's angry response. 

GBP/USD News

USD/JPY plummets to ten-day lows below 106 as Trump goes berserk on Twitter

The USD/JPY came under strong selling pressure in the last hour and erased nearly 100 pips as US President Donald Trump's latest rant on Twitter forced investors to seek refuge and ramped up the demand for safe-haven JPY. 

USD/JPY News

Powell powerless against Trump's trade wars – US braces for recession, USD set to move

"The most powerful central banker in the world" – is how we and others characterize Fed Chair Jerome Powell. While that may be true – monetary policy is reaching its limits – especially in the face of a trade war.

Read more

Gold gains more than $30, eyes 2019 highs on Trump’s tweet

Gold continues to rise sharply amid concerns about the impact of the escalation in the US-China trade war. The demand for safe-haven assets emerged over the last hours, leading to a rally in the yellow metal. 

Gold News

Majors

Cryptocurrencies

Signatures