Weekly Economic & Political Timeline

Sunday, 3 September 2017 8:34

By: DailyForex.com

This week will have a slightly heavier news agenda than last week, but there is little key U.S. data due so the overall effect may be the same. The agenda will be dominated by monthly policy commentaries and bid rates from the European Central Bank, the Bank of Canada, and the Reserve Bank of Australia Therefore, volatility this week should be higher than it was last week, helped by the fact that the typically thin summer period is over. It may be that developments in the Korean peninsula cause a more active market than would otherwise be expected.

The market will probably be most active on Thursday, and Wednesday to a lesser extent.

Monday is a public holiday in the U.S.A. and Canada.

U.S. Dollar

It will be a light week for the greenback, starting on Wednesday with a release of ISM Non-Manufacturing PMI data. On Thursday, we will get Unemployment Claims and Crude Oil Inventories numbers.


It will be an important week for the Euro, with the monthly Bid Rate and press conference due on Thursday.

Canadian Dollar

It will be an important week for the Loonie, all happening on Wednesday with the Bank of Canada’s Rate Statement, Overnight Rate, and Trade Balance data.

Australian Dollar

It will be an important and busy week for the Aussie, starting on Tuesday with a release of the Reserve Bank of Australia’s Rate Statement and Cash Rate, followed by a speech by the Governor. On Wednesday, we will get a release of GDP data. Trade Balance and Retail Sales data are due on Thursday. Finally, on Friday the Governor will again be speaking briefly.

Chinese Yuan

It will be an important week for the Tuan, with Chinese Trade Balance data on Friday.

British Pound

It will be a typical week for the British Pound, starting on Monday with a release of Construction PMI data. Friday brings a release of Manufacturing Production numbers.

Adam is a Forex trader who has worked within financial markets for over 12 years, including 6 years with Merrill Lynch. He is certified in Fund Management and Investment Management by the U.K. Chartered Institute for Securities & Investment. Learn more from Adam in his free lessons at FX Academy.

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