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Weekly Economic & Political Timeline - 19 April 2015

Again, it should be a quieter week, with the primary focus likely to fall upon the Australian Central Bank statement and Eurogroup Meetings. The major political area of interest that is likely to result in unscheduled, market-moving breaking news remains the European/Greek crisis, with concern in the market as to whether Greece will be able to strike a deal with its creditors.

Australian Dollar

An important week ahead for this currency, with Monday seeing the Governor of the Reserve Bank of Australia speaking at a conference followed most importantly the next day on Tuesday with the release of key Monetary Policy Meeting Minutes. On Wednesday there will be a release of CPI data.

Euro

A fairly active week ahead, beginning with German ZEW Economic Sentiment on Tuesday, continuing with German and French Flash Manufacturing on Thursday, and concluding on Friday with German IFO Manufacturing data and Eurogroup Meetings.

U.S. Dollar

This is expected to be a comparatively quiet week for the US Dollar. On Thursday there will be a release of Unemployment Claims data. Friday will see the announcement of Core Durable Goods Orders numbers. We can expect there will be little news-driven trading of the USD.

Canadian Dollar

On Monday and then again on Friday, the Governor of the Bank of Canada will be speaking at conferences. On Tuesday, there will be a release of Canadian Wholesale Sales data.

New Zealand Dollar

This will be a very quiet week for this currency with only a release of CPI data scheduled for Monday.

British Pound

It should be a fairly quiet week, with Wednesday seeing a release of MPC Official Bank Rate Votes, followed by a release of Retail Sales data on Thursday.

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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