8:30 AM EDT
The forecast is for the CPI number to go from -0.7% to 0.8%, a 1.5% change. It is expected the economy in Canada is recovering quickly also. Not sure if we will see much of a move from this one unless they miss by a large amount, but the numbers are starting to get back to normal again which should mean trades will do the same.
SETTINGS: I’d try buy/sellPips of maybe 10 or 12 and get out fast whether you get in or not.
6:45 PM EDT
NZD GDP q/q
The Kiwi GDP is expected to drop from 0.5% to -1.0%, a turn around of -1.5%. This is due to the fact that this release is quarterly so it incorporates two months of drops but only one month of gains. I’m sure the economy took a good bounce up last month like most others did.
I wouldn’t put much faith in this one because of this.
SETTINGS: Set buy/sellPips to 15 or 20 and get out fast if you get in at all.
9:30 PM EDT
AUD Employment Change
The jobs number is expected to fall another 75k and the unemployment rate is expected to jump from 6.2% to 7%. It seems there is a decent chance they will miss the guess on this one by quite a bit, but whether the markets will care is another story. Like all the other trades, go extremely light on this.
SETTINGS: Try buy/sellPips of 8 to 10 and get out fast if you get in.