High Impact Events: On November 17 and 18 2016, the markets will experience the first round of high impact economical events since last week's US election excitement.
The ECB Monetary Policy Meeting is due Nov 17, 12:30 and includes an overview of financial markets, economic and monetary developments within Europe. At 13:30, the Building Permits from the US released and at the same time Initial Jobless Claims from the US is delivered, which is another market mover.
These releases are followed by key speeches, with the Fed's Yellen's insight into the current economic situation in the United States and policies updates at 15:00. Then, on Friday, we have ECB President Draghi's Speech that presents how the ECB observes the current European economy.
The shock of the Trump presidential victory didn't cause the market to react could be expected, as the dollar continued to gain. Tomorrow and Friday could be crucial to its continued strength, or we could see some weakening based on the aforementioned events.
Be prepared for sharp movements and volatility if any of these events deliver unexpected results. Refer to our Economic Calendar for full details.
Best regards,
Mario Antov
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex
Yadix a leading ECN/STP financial markets broker and provides direct to market order execution to 14 + liquidity providers with precision and lightening speeds, as such, Yadix welcomes all traders and strategies including expert advisors, Day Traders, Scalping and HFT strategies.
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