Premium Club Bonus

Enjoy up to an
Extra 20% Deposit Bonus

SHARE
this page
FacebookTwitterLinkedInWhatsAppTelegramMessenger

Major News Releases To Watch This Week

  

Significant events to watch:

-CA (CAD): Canada Consumer Price Index (CPI) MoM

-UK (GBP): U.K. Consumer Price Index (CPI) YoY

-US (USD): U.S. Initial Jobless Claims

CA (CAD): Canada Consumer Price Index (CPI) MoM – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

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.

The previous reading was 0.3%, less than the expected 0.6. The upcoming report is due on April 16, 2024 at 12:30 GMT. Its forecast stands at 0.7%

UK (GBP): U.K. Consumer Price Index (CPI) YoY – The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The previous reading was 3.4%, below the expected 3.5%. The next report is due on April 17, 2024 at 06:00 GMT. Its forecast stands at 3.1%.

US (USD): U.S. Initial Jobless Claims – Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.

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.

The previous actual data was 211K better than the forecast of 216K. The upcoming report is due on April 18, 2024 at 12:30 GMT and its forecast figure stands at 214k.  

Risers and Fallers

-S&P 500 (-1.69%)

-Procter & Gamble Co (-0.41%)

-Apple Inc (+4.37%)

-Natural Gas (-1.1%)

S&P 500 – The index demonstrated a slightly negative performance last week, shedding nearly 1.69% in value. Overall, the S&P 500 has shown a notable bullish trajectory over the last 1 year, accumulating almost 23% gains.

Procter & Gamble Co – The stock plunged by 0.41% in the last 5 days. The company has displayed a neutral performance over the last 12 months, adding around 3% in value.

Apple Inc – The stock surged previous week, gaining nearly 4.37% in value. However, Apple has exhibited a bearish performance during the last 6 months, losing almost 1.21%.

Natural Gas – Natural Gas price dropped 1.1% in the past 5 days. The commodity is now trading at 1.76 USD.


Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

Trading Experience Plus

Previous
Next

Fast & easy account opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods

  • Trade

    Access 500+ instruments across all asset classes on MT4/MT5

That's it, it's that easy to open a Forex and CFD trading account.
Welcome to the world of trading!
Open Live Account

Contact Us

  • General Enquiries

    We are here to provide you with a successful trading journey from account opening to funding and trading.

    [email protected]
  • Premium Clients

    If you are interested in becoming a premium to unlock your extra services as a high-volume trader or joining Vantage Club, please email us below.

    [email protected]