Trading Week Outlook: February 28 - March 4, 2011
All Things Forex submits:
The week ahead might not be only about rising oil prices and risk aversion on the unrest in North Africa and the Middle East, as the market’s focus shifts to three interest rate announcements from the Reserve Bank of Australia, the Bank of Canada, and the European Central Bank, along with the U.S. Non-Farm Payrolls and Employment Situation report which could instill some optimism that job creation could be gaining momentum. 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. Personal Income and Outlays, a measure of the income received and purchases made by consumers, released along with the Personal Consumption and Expenditures Price Index- a leading indicator of inflation preferred by the Federal Reserve, Mon., Feb. 28, 8:30 am, ET. Consumer spending in the U.S. is forecast to registerComplete Story »
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