There were no data releases from Australia on Friday, both from China CPI and PPI figures were released. Yuan is tumbling after Chinese Consumer prices spiked 2.9% YoY in February - the biggest jump in inflation since Nov 2013. Consumer prices jumped 1.2% MoM and 2.9% YoY (considerably higher than the 2.5% jump expected). The biggest driver of the price surge being food (something few can do without) which soared 4.4% - the biggest jump since June 2016.  On the other hand producer prices rose less than expected, up 3.7% YoY in Feb (vs 3.8% exp and 4.3% in Jan).

US session was marked by Non-Farm Employment report. Total nonfarm payroll employment increased by 313,000 in February, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported.Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining. In February, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.75, following a 7-cent gain in January. Over the year, average hourly earnings have increased by 68 cents, or 2.6 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $22.40 in February.


There will be no major data releases both from Australia and USA on Monday so we can expect a bit steadier session.

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.


All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.


Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.