This week will see a similar news agenda to last week, with central bank input expected from the FOMC and ECB, as well as some crucial U.S. inflation data, which together are very likely to dominate the market, although the developing trade dispute between the U.S.A. and China could be even more significant in driving market movements.
The market will probably be most active on Wednesday.
It will be an important and reasonably busy week for the greenback, starting on Tuesday with a release of PPI data. On Wednesday we will get the CPI data, Crude Oil Inventories, and the FOMC Meeting Minutes.
It will be an important week for the Euro, as the ECB Monetary Policy Meeting Accounts will be released on Thursday.
It will be a quiet week for the Pound, with nothing important due except Wednesday’s release of Manufacturing Production data.
It will be a relatively quiet week for the Yen, with only one important even scheduled: on Thursday, the Governor of the Bank of Japan will be speaking at the quarterly branch manager’s meeting of the BOJ.
It will be a very quiet week for the Loonie, with nothing scheduled except Monday’s release of the Bank of Canada’s Business Outlook Survey.