Viewing entries in
Forex News Trading

Comment

9 pips and 115 points potential profit in 85 seconds on 6 October 2023, analysis on forex fx futures news trading EURUSD and US30 on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis EURUSD moved around 9 pips and US30 around 115 points on US Employment Situation (Non-farm payrolls / NFP) data on 6 October 2023.

9737 pips potential performance in 2023 (2022: 9,269)

EURUSD (9 pips)

US30 (115 pips)

Charts are exported from JForex (Dukascopy).


On October 6, 2023, several key economic indicators provided insights into the state of the U.S. economy and financial markets:

  1. Employment Situation: The U.S. Bureau of Labor Statistics reported that total nonfarm payroll employment increased by 336,000 in September. The unemployment rate remained steady at 3.8%. Job gains were observed in various sectors, including leisure and hospitality, government, health care, professional and technical services, and social assistance.

  2. Unemployment Rates: The unemployment rates for different demographic groups showed little change in September, with adult men at 3.8%, adult women at 3.1%, teenagers at 11.6%, Whites at 3.4%, Blacks at 5.7%, Asians at 2.8%, and Hispanics at 4.6%.

  3. Long-Term Unemployment: The number of long-term unemployed individuals (jobless for 27 weeks or more) remained relatively stable at 1.2 million, accounting for 19.1% of all unemployed persons.

  4. Labor Force Participation and Employment-Population Ratio: Both the labor force participation rate (62.8%) and the employment-population ratio (60.4%) experienced no significant changes.

  5. Part-Time Employment: Approximately 4.1 million individuals were employed part-time for economic reasons, reflecting limited changes in their employment status.

  6. Persons Not in the Labor Force: Around 5.5 million people who wanted a job but were not actively seeking one were categorized as not in the labor force.

  7. Average Hourly Earnings: Average hourly earnings for all employees on private nonfarm payrolls increased by 0.2% to $33.88. Over the past year, average hourly earnings rose by 4.2%.

  8. Workweek: The average workweek remained steady at 34.4 hours for all employees on private nonfarm payrolls.

  9. Revisions: Previous employment data were revised upwards, with July's nonfarm payroll employment revised from +157,000 to +236,000, and August's revised from +187,000 to +227,000. This resulted in a combined increase of 119,000 jobs.

Forecasts and Expectations:

  • The unemployment rate had been forecasted at 3.7%, but it remained at 3.8%.

  • Nonfarm payrolls were forecasted at 170,000, but they exceeded expectations with an increase of 336,000.

  • Private nonfarm payrolls were forecasted at 160,000.

  • Average Hourly Earnings (MoM) was forecasted at 0.3%, but it came in at 0.2%.

  • Average Hourly Earnings (YoY) (YoY) was forecasted at 4.3%.

In summary, the U.S. labor market showed signs of resilience in September, with stronger-than-expected job gains and a steady unemployment rate. However, some indicators, such as wage growth, came in slightly below forecasts, suggesting potential challenges in achieving higher income growth for workers. The revised employment data for July and August also indicated a more robust labor market performance than previously reported.

Source: https://www.bls.gov/news.release/empsit.nr0.htm


Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

6044 pips potential futures forex fx news trading profit from 20 events in the third quarter of 2023 with Haawks G4A machine-readable news data feed

Comment

6044 pips potential futures forex fx news trading profit from 20 events in the third quarter of 2023 with Haawks G4A machine-readable news data feed

We are pleased to announce that there was a potential of 6044 pips/ticks profit out of the following 20 events in the third quarter of 2023 based on our ex-post analysis. The potential performance for 2022 was 9,269 pips/ticks.

Q3 2023

Cumulative potential, indicative performance Q3 2023, please see all releases below.

Total trading time would have been around 35 minutes in 3 months! (preparation time not included)


In Q3 2023, a series of significant economic events and reports had the potential to offer profitable trading opportunities in various financial markets:

USDA WASDE (World Agricultural Supply and Demand Estimates) - Released on 12 July 2023, this report impacted agricultural markets by providing supply and demand forecasts for key commodities. It led to a market reaction of 188 ticks.

US Jobless Claims and US Producer Price Index (PPI) - On 13 July 2023, these reports influenced perceptions of the US job market and inflation, affecting currency and commodity markets. This resulted in a market reaction of 54 pips.

Sweden Consumer Price Index (CPI) - Published on 14 July 2023, this report was essential for assessing inflation trends and influencing the Swedish Krona (SEK) exchange rate. It led to a market reaction of 101 pips.

University Michigan Consumer Sentiment / Inflation Expectations - Also released on 14 July 2023, these indicators reflected consumer confidence and economic outlook, impacting currency and equity markets. This resulted in a market reaction of 56 pips.

US Durable Goods Orders and US Gross Domestic Product (GDP) - On 27 July 2023, these reports provided insights into the US manufacturing sector and overall economic performance, influencing various financial instruments. The market reacted with a movement of 23 pips.

Sweden Gross Domestic Product (GDP), Retail Sales, and Labour Force - Published on 28 July 2023, these reports affected the Swedish economy and the SEK exchange rate, with GDP, retail sales, and labor force data being key indicators. They led to a market reaction of 271 pips.

DOE Petroleum Status Report - Released on 2 August 2023, this report influenced oil prices and related assets by revealing US petroleum inventories. It resulted in a market reaction of 40 ticks.

US Jobless Claims and US Consumer Price Index (CPI) - On 10 August 2023, these reports impacted US employment and inflation perceptions, influencing currency and commodity markets. This led to a market reaction of 39 pips.

University Michigan Consumer Sentiment / Inflation Expectations - Also released on 11 August 2023, these indicators offered insights into consumer behavior and inflation trends, affecting financial markets. The market reacted with a movement of 43 pips.

USDA WASDE (World Agricultural Supply and Demand Estimates) - On 11 August 2023, this report influenced commodity markets with forecasts for global agricultural supply and demand. It resulted in a market reaction of 92 ticks.

DOE Petroleum Status Report - Released on 23 August 2023, this report influenced oil markets by disclosing US petroleum inventory data. It led to a market reaction of 60 ticks.

Turkey Interest Rate Decision - On 24 August 2023, this decision from the Turkish central bank impacted the Turkish Lira (TRY) and related assets, resulting in a market reaction of 4839 pips.

US Gross Domestic Product (GDP) - Published on 30 August 2023, this report reflected the health of the US economy, influencing various financial instruments. The market reacted with a movement of 23 pips.

DOE Natural Gas Storage Report - Released on 31 August 2023, this report provided insights into US natural gas storage levels, affecting natural gas prices. It resulted in a market reaction of 28 ticks.

Canada Labour Force Survey - On 8 September 2023, this report offered data on Canadian employment trends, impacting the Canadian Dollar (CAD) and related assets. The market reacted with a movement of 28 pips.

USDA Grain Stocks - Released on 29 September 2023, this report provided information on grain inventories, influencing commodity prices and related assets. It resulted in a market reaction of 36 ticks.

These events and reports presented trading opportunities across various markets, allowing traders to make informed decisions and potentially profit from market movements during Q3 2023.


Start futures/forex/oil/grains news trading with Haawks G4A low latency machine-readable data today, we offer the fastest machine-readable data feed for US economic and commodity data and economic data from Norway, Sweden, Russia, Turkey and ECB interest rates and statement.

Please let us know your feedback and check out our G4A low latency data feed.

All data is machine readable and available via API access in Aurora, CH1, NY4 and LD4. Free trials.

Comment

187 pips potential forex fx futures news trading profit from 6 events in September 2023 with Haawks G4A machine-readable data feed

Comment

187 pips potential forex fx futures news trading profit from 6 events in September 2023 with Haawks G4A machine-readable data feed

According to our analysis there was a potential of 187 pips / ticks profit out of the following 6 events in September 2023. The potential performance in 2022 was 9,269 pips / ticks.

September 2023

Cumulative potential, indicative performance September 2023, please see all releases below.

Total trading time would have been around 12 minutes! (preparation time not included)


In September 2023, several key economic events and reports had the potential to impact financial markets, offering trading opportunities:

  1. Canada Labour Force Survey (8 September 2023):

    • Market Reaction: 28 pips movement.

    • Analysis: This report provides insights into Canadian employment trends, affecting the Canadian Dollar (CAD) and related assets.

  2. USDA WASDE (World Agricultural Supply and Demand Estimates) (12 September 2023):

    • Market Reaction: 44 ticks movement.

    • Analysis: WASDE reports offer forecasts for global agricultural supply and demand, influencing commodity markets.

  3. US BLS Consumer Price Index (CPI) (13 September 2023):

    • Market Reaction: 21 pips movement.

    • Analysis: CPI data reveals inflation levels in the United States, impacting the US Dollar (USD) and broader financial markets.

  4. ECB Interest Rate Decision (14 September 2023):

    • Market Reaction: 25 pips movement.

    • Analysis: The European Central Bank's rate decision can influence the Euro (EUR) and European financial assets.

  5. University Michigan Consumer Sentiment / Inflation Expectations (15 September 2023):

    • Market Reaction: 33 pips movement.

    • Analysis: Consumer sentiment and inflation expectations data impact consumer spending and economic outlook.

  6. USDA Grain Stocks (29 September 2023):

    • Market Reaction: 36 ticks movement.

    • Analysis: This report provides insights into grain inventories, influencing commodity prices and related assets.

These events and reports presented opportunities for traders to analyze and capitalize on market movements in various financial instruments, from currencies to commodities. While these opportunities carried profit potential, traders should always be mindful of market risks and exercise prudent trading practices.


Start futures/forex/oil/grains news trading with Haawks G4A low latency machine-readable data today, we offer the fastest machine-readable data feed for US economic and commodity data and economic data from Norway, Sweden, Poland, Russia, Turkey and ECB interest rates and statement.

Please let us know your feedback and check out our G4A low latency data feed.

All data is machine readable and available via API access in Aurora, CH1, NY4 and LD4. Free trials.

Comment

Comment

33 pips potential profit in 10 seconds on 15 September 2023, analysis on futures forex fx low latency news trading EURUSD and USDJPY on University Michigan Consumer Sentiment

According to our analysis EURUSD and USDJPY moved 33 pips on University Michigan Consumer Sentiment / Inflation Expectations data on 15 September 2023.

9648 pips potential performance in 2023 (2022: 9,269)

USDJPY (18 pips)

EURUSD (15 pips)

Charts are exported from JForex (Dukascopy).


Consumer Sentiment:

  • Consumer sentiment displayed a marginal decline of 1.8 index points during the current reporting period. Over the past two months, sentiment has exhibited relative stability, reflecting the cautious equilibrium in consumer outlook.

  • Presently positioned at 67.7 points, consumer sentiment stands approximately 35% above the nadir observed in June 2022, yet falls short of the historical mean of 86.

  • The sentiment trajectory revealed divergent movements across constituent index components and demographic segments. Nevertheless, the overall sentiment landscape remained largely unchanged from the preceding month.

  • Noteworthy is the mild enhancement in both short-term and long-term expectations for economic conditions in the current assessment. Despite this improvement, consumers retain an element of reservation regarding the future trajectory of the broader economic landscape.

  • While there has been limited mention of the potential federal government shutdown within the survey responses thus far, it is acknowledged that should such a scenario materialize, it could exert a detrimental influence on consumer sentiments. This resonance is reminiscent of earlier episodes involving the debt ceiling.

Inflation Outlook:

  • Observations pertaining to inflation remained salient within the consumer survey. Notably, consumers registered the deceleration in inflation but anticipate its resurgence.

  • Projections for year-ahead inflation exhibited moderation, declining from 3.5% in the previous month to 3.1% in the current month. This reading represents the lowest level recorded since March 2021.

  • Noteworthy also is the convergence of long-term inflation expectations, which settled at 2.7%, falling beneath the customary 2.9-3.1% range. This occurrence marks only the second deviation from this range in the past 26 months.

  • It is of relevance to highlight that the long-term inflation expectations currently observed were notably situated within the 2.2-2.6% range in the two years preceding the onset of the pandemic.

In summary, the consumer sentiment landscape reflects a nuanced trajectory characterized by marginal fluctuations. Within the broader context, consumers exhibit cautious optimism, manifesting in select enhancements in economic expectations. Meanwhile, inflation dynamics remain a focal point, with a moderation in short-term and long-term expectations noted, indicative of evolving perceptions amid ongoing economic developments.

Source: http://www.sca.isr.umich.edu


Start futures and forex fx news trading with Haawks G4A low latency machine-readable data, the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Comment

25 pips potential profit in 34 seconds on 14 September 2023, analysis on futures forex fx low latency news trading EURUSD on ECB Interest Rate Decision data

According to our analysis EURUSD moved 25 pips on European Central Bank (ECB) Interest Rate Decision data on 14 September 2023.

9615 pips potential performance in 2023 (2022: 9,269)

EURUSD (25 pips)

Charts are exported from JForex (Dukascopy).


On the date of September 20, 2023, the ECB announced a series of significant monetary policy decisions and shared key insights into the Eurozone's economic outlook:

ECB's Determination to Tackle Inflation:

  • The ECB expressed its concern over persistently high inflation while acknowledging a decline in inflation rates. Despite this decline, inflation levels remained above the ECB's target.

  • The central objective of the ECB was to ensure that inflation returns to its medium-term target of 2% promptly.

Interest Rate Increase:

  • In a move to address inflation concerns and demonstrate its commitment to this target, the ECB decided to raise its three key interest rates by 25 basis points. This action aimed to tighten monetary policy.

  • The decision to increase interest rates was grounded in the ECB's assessment of inflation prospects, economic and financial data, underlying inflation dynamics, and the efficacy of monetary policy transmission.

Revised GDP Growth Projections:

  • The ECB provided updated macroeconomic projections for the Eurozone. These projections indicated a downward revision in GDP growth expectations.

  • Economic growth in the Eurozone was projected to be modest, with expectations of a 0.7% expansion in 2023, 1.0% in 2024, and 1.5% in 2025. This revision was likely due to tightening financial conditions and challenging international trade dynamics.

Revised Economic Projections:

  • The ECB provided updated macroeconomic projections for the Eurozone, projecting average inflation rates of 5.6% in 2023, 3.2% in 2024, and 2.1% in 2025. These projections reflected upward revisions for 2023 and 2024 primarily due to higher energy prices, and a downward revision for 2025.

  • Even though some indicators pointed to easing, underlying price pressures in the Eurozone were considered high.

Market Reaction and Currency Impact:

  • In response to these developments, the EUR/USD currency pair experienced a notable decline. This movement was influenced by the ECB's revised GDP growth projections, which suggested a potentially weaker economic outlook for the Eurozone.

  • Lower GDP growth forecasts raised concerns about economic health, leading to speculations that the ECB might be less inclined to raise interest rates, thus diminishing expectations of higher returns on Euro-denominated assets. This perception made the Euro (EUR) less attractive to investors, resulting in a depreciation of the currency against the US Dollar (USD).

Future Monetary Policy and Flexibility:

  • The ECB indicated that the current interest rate levels, if maintained over an adequate period, could significantly contribute to achieving the inflation target.

  • Future ECB decisions would ensure that key interest rates remained at sufficiently restrictive levels for as long as needed.

  • The ECB would continue to adopt a data-dependent approach to determine the appropriate level and duration of these restrictions based on evolving economic and financial data, underlying inflation dynamics, and the strength of monetary policy transmission.

In conclusion, the EUR/USD's decline can be attributed to the interplay of the ECB's revised GDP growth projections, interest rate expectations, and investor sentiment. Economic projections played a pivotal role in shaping market reactions, ultimately contributing to the observed downward movement in the EUR/USD currency pair.

Source: https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230914~aab39f8c21.en.html


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Comment

21 pips potential profit in 40 seconds on 13 September 2023, analysis on futures forex fx low latency news trading EURUSD and USDJPY on US BLS CPI (Consumer Price Index) data

According to our analysis EURUSD and USDJPY moved 21 pips on US BLS CPI (Consumer Price Index) data on 13 September 2023.

9590 pips potential performance in 2023 (2022: 9,269)

EURUSD (12 pips)

USDJPY (9 pips)

Charts are exported from JForex (Dukascopy).


On September 13, 2023, the United States Bureau of Labor Statistics (BLS) released data related to the Consumer Price Index (CPI). In this release, both Core CPI (excluding food and energy) and CPI Year-over-Year (YoY) exceeded market expectations by 0.1 percentage points. This data suggested a notable increase in inflationary pressures within the United States.

Market participants responded to this stronger-than-anticipated CPI data by favoring the United States Dollar (USD) in forex trading. This shift in sentiment resulted in the Euro/USD (EUR/USD) currency pair depreciating, while the USD/Japanese Yen (USD/JPY) currency pair appreciated. The rationale behind this movement was rooted in expectations of the Federal Reserve adopting a potentially more stringent monetary policy to combat inflationary pressures.

Furthermore, the CME FedWatch tool, which gauges market expectations regarding Federal Reserve actions, displayed a remarkable 97% probability that the Federal Funds Rate would remain unaltered during the Federal Reserve's upcoming meeting scheduled for September 20. This high probability reflected a strong consensus among market participants that the Federal Reserve would maintain the current target range for the Federal Funds Rate without implementing any adjustments.

In summary, the CPI data release prompted forex market reactions wherein the USD gained strength against the EUR and JPY due to expectations of a stable interest rate policy by the Federal Reserve. Additionally, the market's high level of confidence in the status quo of monetary policy was reaffirmed by the CME FedWatch tool's 97% probability of no rate changes during the forthcoming Federal Reserve meeting on September 20.

Source: https://www.bls.gov/news.release/cpi.nr0.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

Comment

28 pips potential profit in 7 minutes on 8 September 2023, analysis on futures forex fx news trading USDCAD on Canada Labour Force Survey data

According to our analysis USDCAD moved 28 pips on Canada Labour Force Survey data on 8 September 2023.

9569 pips potential performance in 2023 (2022: 9,269)

USDCAD (28 pips)

Charts are exported from JForex (Dukascopy).


Canada Labour Force Survey - August 2023:

In August 2023, the Canadian labor market exhibited noteworthy dynamics, surpassing expectations. The key highlights are as follows:

  • Employment Growth Exceeds Forecast: Employment in Canada experienced a robust increase of 40,000 individuals during the month. This impressive growth outpaced the earlier forecast of a 15,000 employment gain, signifying the resilience and strength of the Canadian labor market.

  • Stability in Unemployment Rate: Despite the substantial employment growth, the unemployment rate remained unaltered at 5.5%. This steady rate follows three consecutive monthly increases in May, June, and July, suggesting a degree of consistency in labor market conditions.

  • Demographic and Sectoral Insights: Among the noteworthy trends, core-aged individuals (aged 25 to 54) contributed significantly to employment growth, with both core-aged men and women recording positive gains. Female youth saw substantial employment growth, while male youth experienced a decrease in employment. Additionally, sectors such as professional, scientific, and technical services, as well as construction, witnessed significant employment expansion. However, employment contracted in educational services and manufacturing.

Market Reaction: The release of stronger-than-expected employment data for August 2023 carries significant implications for financial markets and the Canadian Dollar (CAD) in particular:

  • Positive Market Sentiment: The robust employment growth in Canada, exceeding the forecast, may foster positive sentiment among investors and traders. This performance is often perceived as indicative of economic resilience, potentially bolstering confidence in the Canadian economy.

  • CAD Strength: As market participants digest this data, there is potential for the Canadian Dollar (CAD) to strengthen against other currencies. The CAD may benefit from increased investor confidence, but it's crucial to recognize that currency markets are influenced by multifaceted factors, including global economic conditions and central bank policies.

  • Unemployment Stability: The unchanged unemployment rate further contributes to positive sentiment, underscoring a degree of steadiness in the labor market.

In conclusion, the August 2023 Canada Labour Force Survey revealed robust employment growth, surpassing forecasts. While this could positively influence market sentiment and the CAD's performance, a comprehensive analysis must consider a broader economic context and global factors that impact currency markets.

Source: https://www150.statcan.gc.ca/n1/daily-quotidien/230908/dq230908a-eng.htm


Start futures forex fx news trading with Haawks G4A low latency machine-readable data today, the fastest news data feed for US economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

Comment

2617 pips potential futures forex fx news trading profit from 22 events in the second quarter of 2023 with Haawks G4A machine-readable news data feed

Comment

2617 pips potential futures forex fx news trading profit from 22 events in the second quarter of 2023 with Haawks G4A machine-readable news data feed

We are pleased to announce that there was a potential of 2617 pips/ticks profit out of the following 22 events in the second quarter of 2023 based on our ex-post analysis. The potential performance for 2022 was 9,269 pips/ticks.

Q2 2023

Cumulative potential, indicative performance Q2 2023, please see all releases below.

Total trading time would have been around 38 minutes in 3 months! (preparation time not included)


In Q2 2023, several key economic events and releases had a notable impact on the financial markets, presenting potential trading opportunities for investors and traders. These events included:

  1. US BLS Job Openings and Labor Turnover Survey (JOLT) - April 2023: This report led to a 39-pip market movement, emphasizing its significance for traders interested in US labor market trends.

  2. University Michigan Consumer Sentiment / Inflation Expectations - April 2023: With a 53-pip market movement, this release became a focal point for traders monitoring consumer sentiment and inflation expectations.

  3. US Philly Fed Manufacturing Business Outlook - April 2023: A 42-pip movement highlighted the relevance of this event for traders focusing on manufacturing and business sentiment.

  4. Norway Consumer Price Index (CPI) - May 2023: The 127-pip market reaction underscored the importance of this release for those tracking the Norwegian economy and inflation trends.

  5. Sweden Consumer Price Index (CPI) - May 2023: With a substantial 184-pip movement, Sweden's CPI release became a key event for traders following Swedish economic indicators.

  6. Norway Consumer Price Index (CPI) - June 2023: The remarkable 387-pip market movement in June emphasized the significance of this release for traders interested in the Norwegian market.

These events presented potential trading opportunities, and traders who closely monitored economic calendars and employed effective risk management strategies could capitalize on market movements resulting from these releases. However, trading involves inherent risks, and thorough analysis is essential before making trading decisions.


Start futures/forex/oil/grains news trading with Haawks G4A low latency machine-readable data today, we offer the fastest machine-readable data feed for US economic and commodity data and economic data from Norway, Sweden, Russia, Turkey and ECB interest rates and statement.

Please let us know your feedback and check out our G4A low latency data feed.

All data is machine readable and available via API access in Aurora, CH1, NY4 and LD4. Free trials.

Comment

5164 pips potential forex fx futures news trading profit from 8 events in August 2023 with Haawks G4A machine-readable data feed

Comment

5164 pips potential forex fx futures news trading profit from 8 events in August 2023 with Haawks G4A machine-readable data feed

According to our analysis there was a potential of 5164 pips / ticks profit out of the following 8 events in August 2023. The potential performance in 2022 was 9,269 pips / ticks.

August 2023

Cumulative potential, indicative performance August 2023, please see all releases below.

Total trading time would have been around 10 minutes! (preparation time not included)


In August 2023, a series of significant trading releases presented potentially profitable opportunities for traders across various markets. Here's a summary of these events:

  1. DOE Petroleum Status Report (August 2, 2023 - 40 ticks): This energy market report offered profit potential for traders focused on petroleum commodities.

  2. US Jobless Claims and US Consumer Price Index (CPI) (August 10, 2023 - 39 pips): Simultaneous releases of jobless claims and CPI data provided opportunities for traders to capitalize on US labor market and inflation trends.

  3. University Michigan Consumer Sentiment / Inflation Expectations (August 11, 2023 - 43 pips): These consumer sentiment and inflation releases influenced market sentiment and trading decisions, potentially yielding profits for informed traders.

  4. USDA WASDE (World Agricultural Supply and Demand Estimates) (August 11, 2023 - 92 ticks): Agricultural market traders found lucrative opportunities based on the USDA's WASDE report, impacting agricultural commodities.

  5. DOE Petroleum Status Report (August 23, 2023 - 60 ticks): Another essential report for energy traders, resulting in profit potential in energy markets.

  6. Turkey Interest Rate Decision (August 24, 2023 - 4839 pips): The significant movement following Turkey's interest rate decision highlighted opportunities for traders focused on emerging market currencies and monetary policy.

  7. US Gross Domestic Product (GDP) (August 30, 2023 - 23 pips): The release of US GDP data influenced currency and equity markets, offering profit potential for traders with accurate predictions.

  8. DOE Natural Gas Storage Report (August 31, 2023 - 28 ticks): Natural gas traders found opportunities in the DOE's storage report, impacting natural gas markets.

These trading events demonstrated the importance of monitoring economic calendars, conducting thorough analysis, and implementing effective risk management strategies. While these opportunities carried profit potential, traders should always be mindful of market risks and exercise prudent trading practices.


Start futures/forex/oil/grains news trading with Haawks G4A low latency machine-readable data today, we offer the fastest machine-readable data feed for US economic and commodity data and economic data from Norway, Sweden, Poland, Russia, Turkey and ECB interest rates and statement.

Please let us know your feedback and check out our G4A low latency data feed.

All data is machine readable and available via API access in Aurora, CH1, NY4 and LD4. Free trials.

Comment

Comment

28 ticks potential profit in 19 second on 31 August 2023, analysis on futures forex fx news trading natural gas on DOE Natural Gas Storage Report data

According to our analysis natural gas moved 28 ticks on DOE Natural Gas Storage Report data on 31 August 2023.

Start futures forex fx commodity news trading with Haawks G4A low latency machine-readable data, the fastest data feed for DOE data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

9541 pips potential performance in 2023 (2022: 9,269)

Natural gas (28 ticks)

Charts are exported from JForex (Dukascopy).

For advanced petroleum analytics check out our partner OilX

Established in 2018, OilX combines the latest in advanced data science frameworks with extensive oil analytics knowledge to create the first real-time supply-demand balance tool. Headquartered in London, OilX has more than 15 years of oil analytics experience across oil majors, investment banks and hedge funds at the highest level.

For more information: www.oilx.co | LinkedIn: http://www.linkedin.com/company/oilx | Twitter: @OilXs

Comment