Trading Week Outlook: February 27 - March 2
By All Things Forex: Following the approval of the Greek bailout package, in the week ahead, traders will pay close attention to the second round of the European Central Bank’s Long-Term Refinancing Operation in an effort to gauge the condition of European banks and the potential for future shocks to the financial system. In preparation for the new trading week, here is the outlook for the Top 10 spotlight economic events that will move the markets around the globe. 1. USD- U.S. Pending Home Sales, a leading indicator of housing market activity measuring pending contracts for home sales, Mon., Feb. 27, 10:00 am, ET. Last week’s increase in new home sales is expected to be followed by a more upbeat pending home sales index which is forecast to rise by 1.1% m/m, compared with the 3.5% m/m drop in the previous month.2. USD- U.S. Durable Goods Orders, an indicator of economic activity measuringComplete Story »
- Original article
- Login or register to post comments

