The coming week ahead is likely to be busier, with Non-Farm Payrolls data due for the USD and monthly central bank input coming for the AUD, as well as a lot of key economic data regarding several major global economies. Friday will probably be the key day as it will see a raft of crucial USD-related data, as well as also featuring high-impact events concerning both the Canadian and Australian Dollars. There will be a lot of focus on the U.S. Dollar following its unexpectedly high GDP data that was released last Friday.
U.S. Dollar
It should be a very busy week for the Greenback, especially during its second half. On Tuesday there will be a release of ISM Manufacturing PMI data, followed Wednesday by the ADP Non-Farm Employment Change and also Crude Oil Inventories. On Thursday there will be releases of Unemployment Claims and ISM Non-Manufacturing PMI data. Finally, on Friday we will get the real Non-Farm Employment Change data, Trade Balance, Unemployment Rate, and Average Hourly Earnings numbers.
Australian Dollar
It looks like being an important week for the Aussie, starting on Tuesday when the Reserve Bank of Australia releases its monthly Rate Statement and Cash Rate. There will also be a release of Building Approvals numbers. Then on Wednesday we will get GDP data, followed on Thursday by Trade Balance numbers. Finally, Friday will see the release of Retail Sales data.
British Pound
It looks like being a moderate kind of schedule this week for the Pound, with Manufacturing PMI due on Tuesday, Construction PMI on Wednesday and finally, Services PMI on Thursday.
Canadian Dollar
It should be a fairly quiet week for the Loonie, with GDP data due on Tuesday, and finally, Trade Balance data on Friday.
China
Tuesday will see the release of Manufacturing PMI data.
New Zealand Dollar
It looks like being a quiet week for the Kiwi, with no high-impact items due except the GDP Price Index on Tuesday.