List of news that affects the market on 02/08/2023

LIST OF NEWS AFFECTING THE MARKET

Keep up to date with the events of the day

SPAIN UNEMPLOYMENT CHANGES

  • Affected currency: EUR
  • Impact: DECENT
  • Publication time:15h
  • Information:

Change in Unemployment Benefits in Spain measures the change in

the number of unemployed people in the last month.

Higher than forecast figures should be considered negative/bearish for the EUR,

meanwhile, the actual figure is lower than the forecast should be:

is considered positive/uptrend for the EUR.

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  • ADP NONFARM EMPLOYMENT CHANGE
  • Affected currency: USD
  • Impact level: HIGH
  • Publication time:19h15
  • Information:

The ADP National Employment Report is a measure of monthly nonfarm and private employment change,

based on payroll data of about 400,000 U.S. business customers.

The release, two days before government data, was a good forecast

of the government’s nonfarm payrolls report. The change in this indicator can be very volatile.

The actual data is higher than forecast, so it should be considered positive/bullish for the USD

, meanwhile, lower-than-forecast actual data should be considered negative/bearish for the USD.

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  • CRUDE OIL RESERVES
  • Affected currencies: USD, USOIL
  • Impact level: HIGH
  • Publication time: 21h30
  • Information:

The Energy Information Administration’s (EIA) Crude Oil Inventories measure weekly changes

of commercial barrels of crude oil held by U.S. companies.

The level of reserves affects the price of petroleum products, which can have an impact on inflation.

———————————————————

  • CRUDE OIL CRUSHING RESERVES, OKLAHOMA
  • Affected currencies: USD, USOIL
  • Impact: DECENT
  • Publication time: 21h30

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Note: Publication time is calculated in VIETNAM time, refer to ECONOMIC CALENDAR

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