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Weekly Economic & Political Timeline - 22 April 2018

By: DailyForex.com

This week will see a relatively full news agenda, with central bank input expected from the European Central Bank and the Bank of Japan, as well as some crucial economic data from the U.S.A., the U.K., and Australia.

The market will probably be most active on Thursday and especially Friday.

Wednesday is a public holiday in Australia, New Zealand, and Italy.

 

U.S. Dollar

It will be a busy week for the greenback, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday we will get Crude Oil Inventories numbers, followed by Core Durable Goods Orders on Thursday. Finally, Friday will see the most important data – Advance GDP.

 

Euro

It will be an important week for the Euro, with a release of the Minimum Bid Rate, followed by the usual press conference, on Thursday.

 

Japanese Yen

It will be an important week for the Yen, with everything due on Friday when we will get the Bank of Japan’s Monetary Policy Statement, Outlook Report, and Policy Rate, followed by the usual press conference.

 

British Pound

It will be a relatively important week for the Pound, with a release of Preliminary GDP data on Friday. The Governor of the Bank of England will also be speaking later that day.

 

Australian Dollar

There will be some important data released this week for the Aussie, on Tuesday with the release of CPI numbers.

 

Canadian Dollar

It will be a fairly quiet week for the Loonie, with the Governor of the Bank of Canada testifying before Parliament on Monday and Wednesday.

 

Swiss Franc

It will be a quiet week for the Swissy, with nothing due except the Chair of the Swiss National Bank speaking on Friday.

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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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