At 9:00 of Germany are expected data on retail sales, the expectations are for a decline to -0.7% from 2.3% in the previous period. Possible decrease of the euro if the data warrant.
At 9:45 of France expect results for consumer spending, which is likely to decrease to 0.1% compared to 0.6% in the previous period.
At 10:55 German investors will focus on Release of unemployment, if the data for a decrease to 6.4% compared to 6.5% for the previous period was justified, will probably see the short stature of the single currency.
At 11:30 UK will see GDP data - final, as changes from previous data of 0.5% quarterly and 2.7% on an annual basis are not expected. You will probably see an increase in volatility in the pound crosses.
At 12:00 will make clear the level of unemployment and inflation in the Eurozone, as unemployment is not expected to be changed from the previous 11.2%. Inflation expect -0.1% to -0.3% for the previous period.
At 15:30 Canadian investors will focus on data on GDP, analysts have forecast a drop to 0.2% from 0.3% in the previous period, and if you justify the data are likely to see a decline in the Canadian dollar.
At 16:00 the US expect the results for consumer confidence is expected a slight decline to 96.0 to 96.4 points in the previous period.
Varchev Finance
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.