Weekly Economic & Political Timeline

Sunday, 4 February 2018 10:09

By: DailyForex.com

This week will see a reasonably full news agenda, with the key items of central bank input all concerning the U.K., Australia, and New Zealand.

The market will probably be most active on Thursday.

 

U.S. Dollar

It will be a quiet week for the greenback, starting on Monday with a release of ISM Non-Manufacturing PMI data. On Wednesday, we will get a release of Crude Oil Inventories.

 

British Pound

It will be an important week for the Pound, starting on Monday with a release of Services PMI data. On Thursday the Bank of England will release its Monetary Policy Summary, Inflation Report, Official Bank Rate, and votes. Finally, Friday will see the release of Manufacturing Production numbers.

 

Australian Dollar

It will be an important week for the Aussie, starting on Tuesday with releases of the RBA Rate Statement and Cash Rate, plus Retail Sales and Trade Balance numbers. On Thursday the Governor of the RBA will be speaking at an event. Finally, Friday will see the release of the RBA Monetary Policy Statement.

 

New Zealand Dollar

It will be an important week for the Kiwi, after Monday’s public holiday is over. Wednesday will see a release of Unemployment Rate and Employment Change data. On Thursday the RBNZ will release its Monetary Policy Statement, Rate Statement, and Official Cash Rate, followed by the usual press conference and testimony by the Governor before Parliament.

 

Canadian Dollar

It will be a typical week for the Loonie, starting on Tuesday with a release of Trade Balance data. Finally, Friday will see the release of Employment Change and Unemployment Rate numbers.

 

Euro

It will be a quiet week for the Euro, with nothing due except the President of the ECB testifying before the European Parliament on Monday.

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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