Looks like there will be harvests in September - Forex News by FX Leaders

Looks like there will be harvests in September

Posted Monday, September 5, 2016 by
Skerdian Meta • 1 min read

Goodmorning guys on this September morning. Officially the summer ended on Wednesday last week but some of the forex traders might have still been on their holidays until the end of the week. Today is September the 5th, so whoever wants to trade forex must be back from holidays by now. 

Anyway, we have left behind the holiday season and the liquidity must return back to normal now. I just had a look at the economic calendar this morning and seems like September will bring some harvests for the leading world economies. 

Finally, we´re having some good economic data from Japan, with wages by 1.4% on a yearly basis, against 0.5% expected. The previous numbers were revised higher as well. Hopefully, this is the start of the turnaround for the Japanese economy. 

In Australia, the company operating profits jumped by 6.9% in the second quarter which is quite a big jump. Coming back to Europe, the Spanish and the Italian  service sectors beat the expectations for August. This drifts them away from the flat line or even contraction. Is the ECB monetary policy finally starting to have an impact on the economy of the EU? 

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
During Monday's Asian trading session, the WTI crude oil failed to stop its previous session losses and remained depressed around just above
14 hours ago
Comments
0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments