Weekly Economic & Political Timeline - 19 March 2017

There will be a much lesser amount of high-impact news scheduled this week, compared to last week which was very heavy. The only central bank input expected this week will come from the Reserve Banks of New Zealand and Australia, although the Chair of the Federal Reserve will be speaking at a conference also.

The market will probably be most active on Thursday.

Monday will be a public holiday in Japan.

 

U.S. Dollar

It will be a moderate week for the greenback, beginning on Wednesday with Crude Oil Inventories, and continuing Thursday with a release of Unemployment Claims data and a speech by Janet Yellen, the Chair of the Federal Reserve. Finally, on Friday, we will get Core Durable Goods Orders numbers.

 

New Zealand Dollar

It will be an important week for the Kiwi, with GDT Price Index data on Tuesday, followed by the RBNZ Rate Statement and Official Cash Rate on Wednesday.

 

Australian Dollar

It will be a reasonably important week for the Aussie, with nothing due except a release of the RBA’s Monetary Policy Meeting Minutes on Tuesday.

 

British Pound

It will be a moderately light week for the Pound, starting on Tuesday with a release of CPI data. On Thursday, there will be a release of Retail Sales numbers.

 

Canadian Dollar

It will be a moderately light week for the Loonie, starting on Tuesday with a release of Core Retail Sales data. On Friday, there will be a release of CPI numbers.

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.