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Weekly Economic & Political Timeline - 21 August 2016

There will be a much lighter news schedule this week compared to last week, with no real central bank input due at all with the possible exception of the Chair of the Federal Reserve speaking on Friday, and the Governor of the Bank of Japan speaking on Tuesday.

Additionally, the economic data schedule is very light, with nothing much due except a few pieces concerning the U.S. economy.

The key days this week with the busiest schedules are Thursday and Friday.

As it is such a light schedule, I will note that around the London Open on Tuesday, there will be a string of second-tier data concerning Eurozone economies, concerning Manufacturing and services PMI.

U.S. Dollar

It will be a fairly light week for the Greenback, starting on Wednesday with a release of Crude Oil Inventories data. Later, on Thursday, we will get Core Durable Goods Orders and Unemployment Claims numbers. Finally, Friday will see the release of Preliminary GDP and a speech by the Chair of the Federal Reserve on U.S. Monetary Policy.

Euro

It will be a very light week for the Euro, with nothing due except German IFO Business Climate data on Thursday.

Japanese Yen

It will be a very light week for the Yen, with nothing due except a speech by the Governor of the Bank of Japan on Tuesday.

British Pound

It will be a very light week for the Pound, with nothing due except Second Estimate Quarterly GDP on Friday.

Adam Lemon
About Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

 

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