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Business / Finance

The announcement of the main event on may 24

Forex Club 24.05.2019 at 07:08

Dear traders,

note the important economic events which will lead to higher volatility in the number of tools. We recommend you to take this information into account in trade.


Event: Retail sales (m/m) (APR), UK.

date and time: may 24, 2019 at 11:30 GMT.

the Previous value of 1.1%. Forecast: -0.3%.

Why is it important?

the Report on retail sales produced by the Office for national statistics in the UK reflects the total number of checks for purchases at retail stores. The monthly percentage change of the index reflects the dynamics of such sales. The headline is usually considered an indicator of consumer spending. Generally speaking, a high reading is positive (or bullish) for the GBP, while a low – negative (or bearish).

Tools: S&P 500 (ES), DJIA (YM), NASDAQ (NQ), EUR/USD, USD/JPY, and XAUUSD.

Event: Orders for capital goods excluding defense and aircraft (ACR), USA.

date and time: may 24, 2019 at 15:30 GMT.

Previous reading: 1.0%. Forecast: -0.3%.

Why is it important?

the Index of orders for capital goods excluding defense and aircraft, released by the Bureau of census of the United States, reflects the value of orders received by manufacturers of capital goods (capital goods are durable goods used to produce goods and services) that can be used for three or more years, excluding defense and aircraft sectors. Because developing such goods usually involves large investments, they affect the economic situation in the United States. A high rate has a positive impact on the USD, low – adverse.

have a good trading,

Command FXClub

UK pound, US dollar, liberex

Not found economic events 2019-05-24 for 2019-05-24

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