Weekly Economic & Political Timeline

|

This week is likely to see more market activity compared to last week, with important central bank input due concerning the U.S. and Australian Dollars. The U.S. / China trade dispute is likely to continue to dominate the market’s focus.

The market is likely to be most active on Wednesday.

Monday will be a public holiday in Canada.

U.S. Dollar

It will be a relatively important week for the Dollar, starting on Tuesday with a minor speech from the Chair of the Federal Reserve. On Wednesday we will get the latest FOMC Meeting Minutes. Finally, Friday brings Core Durable Goods Orders numbers.

British Pound

It will be an important week for the Pound, starting on Tuesday with Inflation Report Hearings. On Wednesday we will get CPI (inflation) data. Finally, Friday will bring Retail Sales numbers.

Australian Dollar

It will be a relatively important week for the Aussie, starting on Tuesday with a release of the RBA’s Monetary Policy Meeting Minutes. On Wednesday, the Governor of the RBA will be giving a minor speech.

Canadian Dollar

It will be a quiet week for the Loonie, all happening on Wednesday with a release of Core Retail Sales data.

Euro

It will be a quiet week for the Euro, all happening on Thursday with releases of French and German Flash Services PMI data and German Flash Manufacturing PMI data too.

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.