The week of November 17th, brings 14 new market events. Pay special attention to the U.S. Building Permits on Wednesday, may have an effect on the USD/JPY.
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Let’s review the events. All times are GMT.
- New Zealand Retail Sales: Published on Sunday at 22:45 GMT. The market expects a score of 0.8%. If the outcome is 1.4% or higher, CALL on NZD/USD. If the result is 0.7% or lower, PUT option on NZD/USD.
- Japanese Prelim GDP: Monday, 00:50. Exp. 0.5%. 0.6% or higher, PUT USD/JPY. -2.0% or lower, CALL USD/JPY.
- U.S. Empire State Manufacturing Index: Monday, 14:30. Exp. 12.1. 12.5 or more, CALL USD/JPY. 5.8 or less, PUT USD/JPY.
- German ZEW Economic Sentiment: Tuesday, 11:00. Exp. 0.9. 1.1 or more, CALL EUR/USD. -3.9 or less, PUT EUR/USD.
- U.S. Building Permits: Wednesday, 14:30. Exp. 1.04M. 1.05M or more CALL USD/JPY. 1.00M or less, PUT USD/JPY.
- New Zealand PPI Input: Wednesday, 22:45. Exp. 0.3%. 0.5% or higher CALL NZD/USD. -1.1% or lower, PUT NZD/USD.
- Japanese Trade Balance: Thursday, 00:50. Exp. -1.02T. -1.00T or more PUT USD/JPY. -1.08T or less, CALL USD/JPY.
- Swiss Trade Balance: Thursday, 08:00. Exp. 2.57B. 2.62B or more, PUT USD/CHF. 2.43B or less, CALL USD/CHF.
- German Flash Manufacturing PMI: Thursday, 09:30. Exp. 51.5. 51.7 or more CALL EUR/USD. 51.3 or less, PUT EUR/USD.
- U.K. Retail Sales: Thursday, 10:30. Exp. 0.4%. 0.5% or higher CALL GBP/USD. -0.5% or lower, PUT GBP/USD.
- U.S. Unemployment Claims: Thursday, 14:30. Exp. 286K. 291K or more, PUT USD/JPY. 284K or less, CALL USD/JPY.
- U.S. Philly Fed Manufacturing Index: Thursday, 16:00. Exp. 18.9. 20.9 or more CALL USD/JPY. 18.7 or less, PUT USD/JPY.
- U.K. Public Sector Net Borrowing: Friday, 10:00. Exp. 6.9B. 11.5B or more PUT GBP/USD. 6.6B or less, CALL GBP/USD.
- Canadian Core CPI: Friday, 14:30. Exp. 0.2%. 0.4% or higher PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
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These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.
CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. If it closes below, you’re left with 10%.
PUT options – if the price closes under the price you purchased at expiry time, you make 75%. If it closes above, you’re left with 10%.
The data for these news events has been analyzed given previous releases and reactions, current market conditions and more. Significant surprises to market consensus, as given by surveys of economists, normally trigger sharp market reactions that proceed for a long period of time. When some events collide with each other, they can offset each other. So, these events aren’t in the list.