TOP 3 MARKET EVENTS IN UPCOMING WEEK – 11 OCTOBER 2021
11 Oct 2021
U.K. Average Earnings Index +Bonus
WHEN: WHAT IT INFLUENCES:
12th OCTOBER 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.
U.S. Core Consumer Price Index (CPI) MoM
WHEN: WHAT IT INFLUENCES:
13th OCTOBER 2021 USD and its subsequent
pairs
WHAT’S HAPPENING:
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Australia Employment Change
WHEN: WHAT IT INFLUENCES:
13th OCTOBER 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.