US Presidential Election: Financial Market may have the most volatile movement of the year

November 7, 2016

This week's FXGiants ECONOMIC EVENTS OUTLOOK.

US Presidential Election: Financial Market may have the most volatile movement of the year

This article is originally referred from FXGiants Facebook

*Monday 7th November*

– 09:15 GMT, Eurozone: ECB Vice President Vitor Constancio speaks

– 10:30 GMT, Eurozone: Retail sales: Usually not a major market mover.

– 16:00 GMT, Eurozone: ECB Executive Board member Sabine Lautenschlager speaks

*Tuesday 8th November*

– N/A, US: Presidential Election Day: Trump vs Clinton: The results are likely to start coming in during the Asian morning Wednesday.

A Trump win could lead to an environment of risk-aversion that benefits safe havens gold, JPY and CHF and hurts pro-risk assets like stocks.

A Clinton win could benefit stocks and currencies like AUD & NZD, and hurt safe havens.

– N/A, China: Trade balance, for October: Both exports and imports to fall again, but at a slower pace. Exports expected to fall much faster than imports.

– 09:30 GMT, UK: Industrial production, for September: An increase in IP could help GBP to extend its recent gains.

*Wednesday 9th November*

– N/A, China: CPI & PPI, for October: This would be further good news for the PBoC, and may lower even more the likelihood for any action by the Bank.

– 22:00 GMT, New Zealand: RBNZ rate decision: Both the forecast and market pricing points towards a rate cut. Such a decision may reverse some of the Kiwi’s recent gains.


Register with FXGiants to receive our newsletters & stay on top of the market news

Original Source: FXGiants Facebook

Free 123 USD

25 USD for Free

300 USD for Free

100 USD for Free

30 USD for Free

35 USD for Free

Hercules

You can now receive 123 dollars for free and start trading Forex and CFDs.

You can now receive 123 dollars for free and start trading Forex and CFDs.

You can now receive 123 dollars for free and start trading Forex and CFDs.

You can now receive 123 dollars for free and start trading Forex and CFDs.