Forex Tips

Saturday, June 27, 2015

Forex Weekly Factors: Greek Crisis Hangs Over Financial Markets

Another week in the forex markets and another Greece-Europe deal hangs in the balance. The schedule for next week is packed with indicator releases from all corners of the globe. When Monday’s market open comes, there will be a final answer to the question if a Greek debt agreement has been reached, or if the latest domino on the Grexit has fallen.
The biggest economic indicator in the forex market will be released a day earlier than usual to account for the Fourth of July holiday in the U.S. The nonfarm payrolls (NFP) will be published on Thursday, July 2 at 8:30 a.m. EDT.
The eyes of the market will shift from Europe to U.S. employment indicators that lead off with the ADP private payrolls number, building toward the NFP and the unemployment claims on Thursday. Global manufacturing and trade will be highlights, as purchasing managers’ indexes (PMI) will be announced in China, the U.K., and the U.S.
Manufacturing Data to Guide FX Market
Last HSBC PMI as Bank to Stop Sponsoring Markit Survey
British Purchasing Managers Issue Slowdown Warning
NFP to Validate Fed’s Powell’s Two Rate Hike Comments

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