Key events ahead - Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Westpac noted a quiet start to the week.

    Key Quotes:

    "China Feb foreign reserves will be released today though there is no confirmed time. Consensus is $3.19 trillion, down around $41bn since Jan. This would be less dramatic than the falls of around $100bn each month since Nov, thanks to an apparent cooling of capital outflows and of course the short month punctuated by lunar new year. Economists’ forecasts range from $3.10tn to $3.23tn.

    Otherwise the calendar is quiet post-payrolls and limited to Taiwan Feb trade and Germany Jan factory orders. Fed governor Brainard speaks on “Economic Outlook, Liquidity and Resilience” and Fed VC Fischer on macroeconomics."
    For more information, read our latest forex news.

Share This Page

free forex signals