Following the recent developments in the Greece in which it was decided there will be elections on June 17th the Euro took a dive and was traded down most of the week against the USD. The recent publications from the U.S including the minutes of the recent FOMC meeting and the Philly Fed Index
may have been among the factors to drag down energy prices while
pulling up gold and silver prices. This upcoming week there are several
speeches, publications and events that may affect the financial markets
including: U.S core durable goods, the minutes of the recent MPC
meeting, GDP of GB for Q1 2012, U.S new and existing home sales, a
speech by ECB President Draghi, China’s flash manufacturing PMI, German
business climate and U.S. jobless claims. Here is an economic news
calendar forecast for May 21st to May 25th referring to the U.S., EU, China, Canada, Australia and Great Britain.
Source; http://www.tradingnrg.com/weekly-forecast-financial-market-economic-calendar-may-21-25-2012/
No comments:
Post a Comment