TOP 3 MARKET EVENTS IN UPCOMING WEEK- 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.

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