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Daily Fundamentals

Relu21 Posted 7 July  in #Trader's blog #Economic News #Adp Non Farm Emploiment
US ADP NonFarm Employment

US ADP NonFarm Employment comes out at 08:15 am New York Time on the first Wednesday of every month.
ADP stands for Automated Data Processing. What they do is get employment report of approximately 500,000 businesses in the United States. They compare the number of employees in all of these businesses to the number of previous month, and they post a difference. If the number is negative, it means that people lost jobs. If the number is positive, it means that more peo…
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Fundamentals

Relu21 Posted 2 June  in #Economic News
FUNDAMENTALS

GMT Times
11:45 EUR Deposit Facility Rate ? -0.40% -0.40%
“”The deposit facility is the rate which banks may use to make overnight deposits with the Eurosystem.””
11:45 EUR Interest Rate Decision (Jun) ? 0.00% 0.00%
“”The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currenc…
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