Weekly Economic & Political Timeline

This week is likely to see an active market, with crucial U.S. and British economic data releases due as well as central bank input from the Bank of Japan. The British Parliament will be voting on the Brexit deal.

The market is likely to be most active on Tuesday.

U.S. Dollar

It will be a relatively important week for the Dollar, starting on Monday when the Chair of the Federal Reserve will be interviewed on U.S. television, followed by a release of Retail Sales data. Then on Tuesday, the Chair of the Federal Reserve will be giving a minor speech, followed by a release of key CPI (inflation) data. Finally, Wednesday will bring PPI and Core Durable Goods Orders numbers.

British Pound

It will be an extremely important week for the British Pound, starting on Tuesday with releases of GDP and Manufacturing Production data, followed by the British Parliament’s vote on whether to approve the Brexit deal offered by the European Union. On Wednesday, the British budget for the year will be released.

Japanese Yen

It will be an important week for the Yen, with all the activity due on Friday, with the release of the Bank of Japan’s Monetary Policy Statement, followed by the usual press conference. The Governor of the Bank of Japan will also be speaking at the G20 summit.

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.