Monday 15th May
USD - Empire State Manufacturing Index -13.30pm
Forecast: -3.7
Monday 17th April
Forecast: -17.7
Actual: 10.8 - better than forecast
XAU/USD
Gold dropped straight down on the news release, broke daily lows and retested a H4 support
Key Points
First positive reading in 5 months
Readings above zero indicate improving conditions - good for USD
Negative reading expected
Tuesday 16th May
GBP - Claimant Count Change (Jobs) - 7.00am
Unemployment Rate - 3.8%
Forecast: 31.2K
Tuesday 18th April
Forecast: -2.5k
Actual: 28.5k - worse than expected
Unemployment: 3.7% < 3.8%
GBPJPY
Not much volume at the time of the news release, GJ did drop at 9am for London open
Key Points
Increase in unemployment rates
Increased chance of rate hike in May
USD - Retail Sales m/m - 13.30pm
Forecast: 0.8%
Friday April 14th
Forecast: -0.4%
Actual: -1.0% worse than expected
XAU/USD
Gold pushed up and retested the daily flip, then flipped bearish and continued down to a previous H4 support
Key Points
Slowed retail sales in March most likely due to continue due to inflation and rising costs and higher interest rates
Weaker retail sales expected to continue throughout the year
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