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News This Week July 10th - July 14th

Updated: Jul 23, 2023

Tuesday 11th July

GBP Claimant Change/Unemployment Rate @ 7am

Forecast: 20.5K/3.8%


GBPJPY claimant change june 13th

Tuesday 13th June

Forecast: 21.4K/4.0%

Actual: -13.6K/3.8%


GBPJPY

GBPJPY pushed bullish on the news then ranged until it broke out bullish during NY


Scenarios

Actual/Better than expected(Lower) - GBPJPY Buys

Worse than expected(Higher) - GBPJPY Sells



 

Wednesday 12th July

USD CPI y/y @ 13.30pm

Forecast: 3.1%



XAUUSD CPI June 13th

Tuesday 13th June

Forecast: 4.1%

Actual: 4.0%


XAUUSD

Gold whipsawed, closed weak bullish and continued to sell off




Scenarios

Actual/Better than expected (higher numbers) - Gold sells

Worse than expected (lower numbers) - Gold buys



 


Thursday 13th July

USD PPI @ 13.30pm

Forecast:0.2%


XAU PPI June 14th

Wednesday 14th June

Forecast: -0.1%

Actual: -0.3%


XAUUSD

Gold pushed bullish on the news





Scenarios

Actual/Better than expected (higher): Gold sells

Worse than expected (lower): Gold buys


 

Friday 14th July

USD Prelim UoM Consumer Sentiment Forecast: 65.5 @ 15.00pm

Forecast: 65.5


XAUUSD Prelim UoMCS June 16th

Friday 16th June

Forecast: 60.1

Actual: 63.9


XAUUSD

Gold pushed up initially then flipped bearish and pushed down



Scenarios

Actual/Better than expected (higher) - Gold sells

Worse than expected (lower) Gold buys

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