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Market Overview Monday, August 20,2018

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Monday, August 20, 2018
Today Monday, the news feed will be fairly calm.



Germany Producer Price Index – 09:00 (GMT+3:00).
Monday, August 20, 2018
The German Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. A higher than expected reading should be taken as positive/bullish for the EUR.

Reserve Bank of Australia Meeting Minutes – 04:30 (GMT+3:00).
Tuesday, August 21, 2018
The Reserve Bank of Australia (RBA) Monetary Policy Meeting Minutes are a detailed record of the bank’s most recent policy-setting meeting, containing in-depth insights into the economic conditions that influenced the rate decision.

Canada Core Retail Sales – 15:30 (GMT+3:00).
Wednesday, August 22, 2018
Core Retail Sales measures the change in the total value of sales at the retail level in Canada, excluding automobiles. It is an important indicator of consumer spending and is also considered a pace indicator for the Canadian economy.A higher than expected reading should be taken as positive/bullish for the CAD.

U.S. Existing Home Sales – 17:00 (GMT+3:00).
Wednesday, August 22, 2018
Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength. A higher than expected reading should be taken as positive/bullish for the USD.

U.S. FOMC Meeting Minutes – 21:00 (GMT+3:00).
Wednesday, August 22, 2018
The Federal Open Market Committee (FOMC) Meeting Minutes are a detailed record of the committee’s policy-setting meeting held about two weeks earlier. The minutes offer detailed insights regarding the FOMC’s stance on monetary policy, so currency traders carefully examine them for clues regarding the outcome of future interest rate decisions.

Germany Manufacturing PMI – 10:30 (GMT+3:00).
Thursday, August 23, 2018
A higher than expected reading should be taken as positive/bullish for the EUR.

ECB Publishes Account of Monetary Policy Meeting – 14:30 (GMT+3:00).
Thursday, August 23, 2018

U.S. New Home Sales – 17:00 (GMT+3:00).
Thursday, August 23, 2018
A higher than expected reading should be taken as positive/bullish for the USD.

Germany GDP – 09:00 (GMT+3:00).
Friday, August 24, 2018
Gross Domestic Product (GDP) is the broadest measure of economic activity and is a key indicator of economic health. The quarterly percent changes in GDP show the growth rate of the economy as a whole. A higher than expected reading should be taken as positive/bullish for the EUR.

U.S. Core Durable Goods Orders – 15:30 (GMT+3:00).
Friday, August 24, 2018
A higher than expected reading should be taken as positive/bullish for the USD.

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