Weekly Economic and Political Timeline - 2 December 2018
This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the U.S., Canadian, and Australian Dollars.
The market is likely to be most active on Friday.
It will be an important week for the U.S. Dollar starting on Monday with a release of ISM Manufacturing PMI data. Wednesday brings testimony before Congress from the Chair of the Federal Reserve, as well as ISM Non-Manufacturing PMI numbers. On Friday he will be giving a minor speech, and later that day we will also get the Non-Farm Employment Change, Average Hourly Earnings, and Unemployment Rate data releases.
It will be an important and busy week for the Loonie, starting on Wednesday when the Bank of Canada release their Rate Statement and Overnight Rate. On Thursday we will get Trade Balance data, as well as a speech by the Governor of the Bank of Canada. Finally, on Friday there will be releases of Employment Change and Unemployment Rate data.
It will be an important and busy week for the Aussie, starting on Tuesday with the release of the RBA Rate Statement. On Wednesday we will get GDP data. Thursday brings Retail Sales numbers.
It will be a relatively quiet week for the Pound, with nothing due except testimony on Brexit before Parliament by the Governor of the Bank of England on Tuesday.
It will be a quiet week for the Euro, with nothing due except a minor speech by the President of the European Central Bank on Wednesday.