TOP 3 MARKET EVENTS IN UPCOMING WEEK- 11 SEP 2021
11 Sep 2021
U.K. Average Earnings Index +Bonus
WHEN: WHAT IT INFLUENCES:
14th September 2021 GBP and its subsequent
pairs
WHAT’S HAPPENING:
The Average Earnings Index measures change in the price businesses and the government pay for labor, including bonuses. The Average Earnings figure gives us a good indication of personal income growth during the given month.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Australia Employment Change
WHEN: WHAT IT INFLUENCES:
15 th September 2021 AUD and its subsequent
pairs
WHAT’S HAPPENING:
Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
U.S. Initial Jobless Claims
WHEN: WHAT IT INFLUENCES:
16th September 2021 USD and its subsequent
pairs
WHAT’S HAPPENING:
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.