Daily Economic Calender Mar 07 2014

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Hello traders , here’s news which could move the currency markets on Friday the 7th of March:

  • Canadian Employment Change at 13:30 GMT . Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending. Last read was 29.4 K .Forecast is 15.0 K . Market Impact :A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
  • US Nonfarm Payrolls at 13:30 GMT. Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.Last  month was 113 K , this month is expect to rise to 150 K. Market Impact : 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.
  • US Unemployment Rate at 13:30 GMT .The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. This month is expected to remain the same as previous month 6.6% . Market Impact : A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

So this was the Economic Calendar for Friday. We’ll be back with our next overview of key events for Monday,Goodbye..

MARKET DATA

UPCOMING ECONOMIC EVENTS