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Weekly Economic & Political Timeline - 28 January 2018

This week will see a heavier and more serious news agenda than last week, with the key items of central bank input all concerning the U.S.A.

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

 

U.S. Dollar

It will be a very important and busy week for the greenback, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday, President Trump will give a state of the union address before Congress, and there will be releases of the ADP Non-Farm Employment Change forecast, Crude Oil Inventories, and the FOMC Statement and Federal Funds Rate. On Thursday, we will get ISM Manufacturing PMI numbers, and finally on Friday, there will be releases of Average Hourly Earnings, Non-Farm Employment Change, and Unemployment Rate data.

 

British Pound

It will be a reasonably important week for the Pound, starting on Tuesday when the Governor of the Bank of England testifies before Parliament. Thursday will see the release of Manufacturing PMI data, and on Friday, we will get Construction PMI numbers.

 

Canadian Dollar

It will be a quiet but significant week for the Loonie, with nothing due except GDP data on Wednesday.

 

Australian Dollar

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

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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