04.04.2017 – Economic Calendar by Dukascopy
April 3, 2017 2:11 pmVideo
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This is the Economic Calendar for Tuesday, the 4th of April. Let’s see which news releases could move the currency markets.
Coming up first at 8:30 AM is the UK Construction PMI for March. The Index did see some improvement in February, but it remains near the 5-month low reached the previous month.
Euro Zone Retail Sales for February follow at 9. Sales have been declining for the past 3 months, contrary to expectations of recovery.
US Trade Balance for February is out at 12:30 PM GMT. The total trade deficit widened in January as the service surplus narrowed by point 3 billion and the goods deficit went up by 4 billion.
The Canadian counterpart of this release comes at the same time. The Canadian trade surplus widened in January as exports went up and imports decreased.
European Central Bank President Mario Draghi will be speaking at 1:30. He will be introducing the new 50 euro bank note, but traders may still want to tune in as Draghi’s speeches often cause volatility in the markets.
US Factory Orders for February will be available at 2. Orders have been growing for the past two months, driven by increased demand for machinery.
Australian Performance of Service Index for March follows at 11:30. The Index slipped in February, moving in the negative territory for the first time in 4 months.
And Japanese Services PMI for March concludes the schedule at half past midnight. The Index eased in February but it still indicated growth in the services sector.
I’m Kiays Khalil and you’ve been watching the Economic Calendar for Tuesday. Check back in for the next overview of news releases for Wednesday. Goodbye.
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