Weekly Economic and Political Timeline - 28 October 2018

This week is likely to see more activity than last week, as there is central bank input due for both the Japanese Yen and the British Pound, plus U.S. Non-Farm Payrolls data.

The market is likely to be most active on Friday.

U.S. Dollar

It will be an important week for the U.S. Dollar, starting with a release of CB Consumer Confidence data on Tuesday. On Thursday we will get ISM Manufacturing PMI numbers. Finally, on Friday we will see the Non-Farm Employment Change, Average Hourly Earnings, and Unemployment Rate data.

Japanese Yen

It will be an important week for the Yen, with the Bank of Japan releasing its Monetary Policy Statement, Outlook Report, and Policy Rate followed by the usual press conference on Wednesday.

British Pound

It will be an important week for the British Pound, with everything happening on Thursday: Manufacturing PMI data, followed by the Bank of England’s Monetary Policy Summary, Official Bank Rate & Votes, and the Inflation Report, followed by the usual press conference.

Canadian Dollar

It will be a reasonably busy week for the Loonie, starting on Tuesday with the Governor of the Bank of Canada testifying before Parliament. There will be a release of GDP data on Wednesday and further testimony from the Governor that day. Finally, on Friday we will get the Unemployment Rate and Employment Change data.

Australian Dollar

It will be a reasonably quiet week for the Aussie, albeit starting with an important item: CPI data will be released on Wednesday. On Friday we will get the Unemployment Rate and Employment Change data.

New Zealand Dollar

It will be a very quiet week for the Kiwi, with nothing due except ANZ Business Confidence numbers on Friday.

Swiss Franc

It will be a very quiet week for the Swissie, with nothing due except a very minor speech from the Chair of the Swiss National Bank on Wednesday.

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.