Weekly Economic and Political Timeline - 25 November 2018

This week is likely to see considerably more activity than last week, with central bank input due for the U.S. Dollar and the Euro as well the New Zealand Dollar. The most important data releases concern the U.S. and Canadian Dollars.

The market is likely to be most active on Wednesday.

U.S. Dollar

It will be an important week for the U.S. Dollar starting on Tuesday with a release of CB Consumer Confidence data. Wednesday brings Preliminary GDP data and a minor speech by the Chair of the Federal Reserve. On Thursday we will get the recent FOMC Meeting Minutes.

Euro

It will be an important week for the Euro, starting on Monday with the President of the ECB testifying before the European Parliament on economic and monetary policy. He will also be giving a minor speech on Thursday.

Canadian Dollar

It will be an important week for the Loonie, with GDP data due on Friday.

New Zealand Dollar

It will be a busy week for the Kiwi, starting with a release of Retail Sales data on Monday. On Tuesday the RBNZ will release their Financial Stability Report followed by the usual press conference and testimony before Parliament. On Thursday we will get ANZ Business Confidence data.

British Pound

It will be a relatively quiet week for the Pound, with a minor speech from the Governor of the Bank of England scheduled for Monday followed by Bank Stress Test results on Wednesday.

Australian Dollar

It will be a relatively quiet week for the Aussie, with nothing due except a minor speech from the Governor of the RBA scheduled for Monday and a release of Private Capital Expenditure data on Thursday.

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.