Events to Look Out for Next Week- URDU

  • Gross Domestic Product (EUR, GMT 06:00)
    German GDP سے Expected ہے کہ اسِ میں بہتری آئے اور یہ بڑے row by 0.3% Annualized Rate (1st Quarter) Compared to -1.9% fall in Q4 2020. 
  • German IFO (EUR, GMT 08:00)
    CESifo Group کی طرف سے دیا گیاGerman IFO Index بہت اہمیت کا حامل ہے کیونکہ اسِ سے مارکیٹ کی Current Conditionاور Bussiness Expectation کا پتہ چلتا ہے۔ 

Tuesday –26 May 2020


  • Consumer Confidence (USD, GMT 13:00) 

    Expected ہے کہ Consumer Confidence میں بہتری آئے کی اور یہ 99.0 تک جا سکتا ہے۔ 

    86.9 – 6 Year low in April. 

    Versus        

    137.9 – 18 Year High in Oct 2018. 

    25.3 – Recession low in 2009. 

    Covid-19 کے Recession سے پہلے اسِ کی تمام Measures اپنے Historic-Highs پر تھیں۔ Remarkable ہے کہ یہ Covid-19 Measures سے پہلے کتنے Firm/Stable تھے؟ 

  • New Home Sales (USD, GMT 14:00)
    New Home Sales
      میں کمی آئی اور اسِ میں -15.4% کمی ہوئی۔ اسِ نے 10 ماہ کا Low بنایا جو کہ 627K تھا مارچ میں۔ پھر اسِ کی Downward Revisions ہوئیں اور -48K حساب نکلا۔ یہ ہماری Assumptions کے مطابق تھا۔ 

Wednesday – 27 May 2020


  • EU Financial Stability Review (EUR, GMT 08:00)
    Financial Stability Review سال میں 2 بار Publish ہوتا ہے۔ اسِ کا مقصد ہوتا ہے کہ Euro Area کے Financial Stability کو پیشPotential Risk کا جائزہ کرنا۔ 

Thursday – 28 May 2020


  • Gross Domestic Product (USD, GMT 12:30)

    No net Revision. 

    -4.8% Q1 GDP میں Contraction کی اُمید کی جاسکتی ہے۔ Revisions ہو رہی ہیں۔ یہ Data اب Revisions کے باوجود Growth of Respectable 2% دکھا ئے گا۔ Mid-March کیونکہ Mid-March کے بعد Dramatic Output Plunge ہوا۔ 

  • Jobless Claims (USD, GMT 12:30)

    May-16 میں جو Week ختم ہوا اُس میں US Initial Jobless Claims میں کمی آئی۔ 

    Jobless fell from -249K to 2,438K.  

    پچھلی بار 

    -489K Drop to 2687K وجہ Connectcut Over Statement. 

  • Durable Goods (USD, GMT 12:30)

    Expect کیا جا رہا ہے کہ Durable goods میں کمی آئے گی۔ 

    Durable goods -18.0% In April. 

    -21% Plunge In Transportation order. 

    -15.3% Headline order decrease in March. 

    اسِ میں -41.5% Transportation order decline. بھی تھا۔ 

  • Tokyo Core CPI and Unemployment Rate (JPY, GMT 23:30)

    Tokyo CPI سے Japanese Economy باخوبی اندازہ لگا یا جاسکتا ہے۔Specially, Economy’s overall inflation rate. 

    May میں CPI Ex-Food سے 0.1% y/y بڑھنے کی اُمید ہے۔Un-employment rate کا Un-changed رہنے کی اُمید ہے۔ 

Friday – 29 May 2020


  • Consumer Price Index (EUR, GMT 09:00) 

     EURO Area Flash CPI میں کمی واقع ہوسکتی ہے۔  

    0.3% y/y to 0.2% y/y جبکہ Core کو 0.9% y/y دیکھا جا سکتا ہے۔ 

  • Gross Domestic Product (CAD, GMT 12:30)

    GDP نے 0.3% کی Growth دکھائی۔ یہ مارکیٹ اور BOC کی Expectations کے عین مطابق تھا۔ 

       1.1% Q3 gain تھا۔Business Investment اور Weakness in Trade نے Q4 GDP میں کمی واقع کی۔ 

  • Personal Consumption Expenditures Prices (USD, GMT 12:30) 

    مارچ کے -20% کمی کے بعد اب 2.5% کی تیزی دیکھی جاسکتی ہے، April Personal Income میں۔ اسِ کے ساتھ ساتھ -75% Decrease in March, –17% Plunge in Consumption April Income  میں ایک بڑا Boost دیکھنے میں آسکتا ہے۔ Assume کی جا سکتا ہے کہ  

    ($1200 Cheque) Treasury distributed $160 bln direct to family. 

    $65 bln Federal Job Benefits. 

Click here to access the HotForex Economic Calendar

Andria Pichidi

Market Analyst

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.