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Thursday, May 12, 2016

Major economic data to be released today




Time
Region
Economic Data
Previous
Forecast
Impact
Interpretation
06:00 P.M
CAD
NHPI m/m
0.2%
0.3%
Medium
If Actual comes greater than forecast it will have positive impact Canadian Dollar and will be negative for bullions and vice - versa.
06:00 P.M
US
Unemployment Claim
274k
277k
High
If Actual comes less than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa
06:00 P.M
US
Import Prices m/m
0.2%
0.6%
Medium
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
08: 00 P.M
US
Natural Gas Storage
68B
60B
High
If Actual comes greater than forecast it will have negative impact on Natural Gas prices, high inventory indicates supply exceeding demand or vice-versa.