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Weekly Economic & Political Timeline - 22 October 2017

This week will see a somewhat heavier news agenda than last week, with the key economic data input coming from the U.S.A., Europe, and Canada. There is Central Bank input due from the European Central Bank and the Bank of Canada only.

The market will probably be most active on Wednesday and Friday.

 

U.S. Dollar

It will be a relatively important week for the greenback starting on Wednesday with releases of Core Durable Goods Orders and Crude Oil Inventories data. On Thursday we will get Unemployment Claims numbers. Finally, Friday will bring important Advance GDP data.

 

Euro

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

 

Canadian Dollar

It will be an important week for the Loonie, with everything happening on Wednesday when the Bank of Canada release their Monetary Policy Report, Rate Statement, and Overnight Rate, followed by the usual press conference.

 

British Pound

It will be a quiet week for the Pound, with nothing due except Preliminary GDP data on Wednesday.

 

Australian Dollar

It will be a quiet week for the Aussie, with nothing due except CPI data on Wednesday.

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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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