Weekly Economic & Political Timeline

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 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.