Weekly Economic & Political Timeline - 2 April 2018

This week will see a heavier news agenda, with little central bank input expected, but crucial U.S. Non-Farm Payrolls data will be released and is likely to dominate the market.

The market will probably be most active from Wednesday to Friday.

Monday is a public holiday in the U.K., Germany, Switzerland, France, Australia, and New Zealand. Thursday and Friday are public holidays in China.

U.S. Dollar

It will be an important and busy week for the greenback, starting on Monday with a release of ISM Manufacturing PMI data. On Wednesday we will get the ADP Non-Farm Employment Change forecast, ISM Non-Manufacturing PMI, and Crude Oil Inventories. Finally, Friday will see the release of the Non-Farm Employment Change, Average Hourly Earnings, and Unemployment Rate data.

Australian Dollar

It will be an important week for the Aussie, with the RBA’s Rate Statement and Cash Rate release coming on Tuesday. On Wednesday we will get Retail Sales data, followed on Thursday by Trade Balance numbers, so it will be a reasonably busy week.

British Pound

It will be a fairly busy week for the Pound, starting on Tuesday with a release of Manufacturing PMI data. On Wednesday we will get Construction PMI followed on Thursday by Services PMI.

Canadian Dollar

It will be a relatively quiet for the Loonie, starting on Thursday with a release of Trade Balance data. Friday brings the Employment Change / Unemployment Rate data.

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.