FOREX MARKET CALANDER EVENTS FOR MONDAY 31st JULY
Forex market CALANDER EVENTS for Monday 31st July.
According to Calandar events, Monday 31st July, there are 4 high impact news shows. 3 of EUR and 1 of GBP. which are as follows.
EUR IMPACT :
1)The Unemployment Rate released by the National Institute of Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).
2)The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.
3)The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
GBP IMPACT :
1)The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Services Authority.