High Impact News

HIGH IMPACT NEWS

8th March

10.15 PM -

AUD - RBA Gov Lowe Speaks - As head of the central bank, which controls short-term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; More hawkish than expected is good for currency.

9th March

3.00 PM-

USD - JOLTS Job Openings - It's released late, but can impact the market because job openings are a leading indicator of overall employment; 'Actual' greater than 'Forecast' is good for currency.

10th March

12.45 PM

EUR - Main Refinancing Rate - Short-term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; Actual' greater than 'Forecast' is good for currency.

EUR - Monetary Policy Statement - It's the primary tool the ECB uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; More hawkish than expected is good for currency.

1.30 PM

EUR -ECB Press Conference - It's the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; More hawkish than expected is good for currency.

USD - CPI m/m - Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; 'Actual' greater than 'Forecast' is good for currency.

USD - Core CPI m/m - Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; Actual' greater than 'Forecast' is good for currency.

10.15 PM

AUD - RBA Gov Lowe Speaks - As head of the central bank, which controls short-term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; More hawkish than expected is good for currency

11th March

1:30 pm

CAD - Employment Change - Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; Actual' greater than 'Forecast' is good for currency

CAD - Unemployment Rate - Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; Actual' less than 'Forecast' is good for currency.

3.00 PM

USD - Prelim UoM Consumer Sentiment- Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; 'Actual' greater than 'Forecast' is good for currency.