Monday is relatively light in terms of publications, but it’s not like we have no fundamentals to trade on, so let’s take a look. Preliminary Japanese Machine Tool Orders for February open this agenda at 6 o’clock in the morning. The total value of machine tool orders in January decreased by 6.9% compared to December, however, this figure represented an increase of 48.8% compared to the same month of the previous year. Then there’s a gap of 12 hours as the next publication is US Federal Budget Balance for February at 6 PM GMT. A surplus of 49.2 billion US Dollars was reported for January, which is slightly lower than the surplus of 51.3 billion posted in January of 2017. New Zealand Food Price Index for February is out next at a quarter to ten. Food prices rebounded in January after contracting for four months in a row. Japanese Corporate Goods Price Index for February will be available at ten to midnight. The pace of growth has slowed down in recent months after peaking at 3.6% in November. A couple of Australian reports are out at a half past midnight, including the NAB Business Confidence for February. Index improved in January, gaining 2 points to hit the highest level since April 2017. Home Loans report for January is the other item out at this time. Monthly statistics are volatile and loans were down by 2.3% in December after gaining a downwardly revised 1.6% in November. Japanese Tertiary Industry Index for January wraps up this report at 4:30 in the morning. Index slipped in the final month of last year after gaining 1.1% in November. I’m Kiays Khalil and you’ve been watching the Dukascopy Economic Calendar for Monday. Bye for now.
Monday is relatively light in terms of publications, but it’s not like we have no fundamentals to trade on, so let’s take a look.
Preliminary Japanese Machine Tool Orders for February open this agenda at 6 o’clock in the morning. The total value of machine tool orders in January decreased by 6.9% compared to December, however, this figure represented an increase of 48.8% compared to the same month of the previous year.
Then there’s a gap of 12 hours as the next publication is US Federal Budget Balance for February at 6 PM GMT. A surplus of 49.2 billion US Dollars was reported for January, which is slightly lower than the surplus of 51.3 billion posted in January of 2017.
New Zealand Food Price Index for February is out next at a quarter to ten. Food prices rebounded in January after contracting for four months in a row.
Japanese Corporate Goods Price Index for February will be available at ten to midnight. The pace of growth has slowed down in recent months after peaking at 3.6% in November.
A couple of Australian reports are out at a half past midnight, including the NAB Business Confidence for February. Index improved in January, gaining 2 points to hit the highest level since April 2017.
Home Loans report for January is the other item out at this time. Monthly statistics are volatile and loans were down by 2.3% in December after gaining a downwardly revised 1.6% in November.
Japanese Tertiary Industry Index for January wraps up this report at 4:30 in the morning. Index slipped in the final month of last year after gaining 1.1% in November.
I’m Kiays Khalil and you’ve been watching the Dukascopy Economic Calendar for Monday. Bye for now.
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