This week is likely to see more activity in the market compared to last week, with important central bank input due from the U.S. Federal Reserve and the Bank of England, and a release of non-farm payrolls data scheduled for this week.
The market is likely to be most active on Wednesday and Friday.
The entire week will be a public holiday in Japan. Wednesday is a public holiday in Germany, France, Italy, Switzerland, and China.
U.S. Dollar
It will be an extremely important week for the Dollar, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday we will get ISM Manufacturing PMI numbers and then the FOMC Statement, Federal Funds Rate, and press conference. Finally, Friday brings the typically high impact Non-Farm Payrolls, Unemployment Rate, and Average Hourly Earnings data.
British Pound
It will be an important week for the Pound, starting on Monday with a minor speech from the Governor of the Bank of England. On Thursday we will get the Bank of England’s Monetary Policy Summary, Official Bank Rate and Votes, and Inflation Report, followed by the usual press conference.
Chinese Yuan
It is an important week for the Yuan. We will get a release of Chinese Manufacturing PMI data on Tuesday. Thursday brings Caixin Manufacturing PMI data.
Canadian Dollar
It will be an important week for the Loonie, starting on Tuesday with a release of Canadian GDP data. Later the same day, the Governor of the Bank of Canada will be testifying before Parliament. He will also be testifying on Wednesday.
New Zealand Dollar
It will be a regular week for the Kiwi, with a release of ANZ Business Confidence data on Tuesday. We will get Unemployment Rate and Employment Change numbers on Wednesday.
Australian Dollar
It will be a quiet week for the Aussie, with nothing due except Building Approvals data on Friday.