Weekly Economic & Political Timeline

Adam Lemon

This week is likely to see less market activity than last week, with important central bank input due concerning only the Canadian and New Zealand 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 and Thursday.

Monday will be a public holiday in the U.S. and the U.K. while Thursday will be a public holiday in Switzerland, France, and Germany.

U.S. Dollar

It will be a meaningful but also very quiet week for the Dollar, with the only item of the week due on Thursday with a release of Preliminary GDP data.

Canadian Dollar

It will be an important week for the Loonie, starting on Wednesday with releases of the Bank of Canada’s Rate Statement and Overnight Rate. On Thursday there will be a speech of medium importance from the Senior Deputy Governor of the Bank of Canada. Finally, on Friday we will get a release of Canadian GDP data.

New Zealand Dollar

It will be an important week for the Kiwi, starting on Tuesday with a release of the RBNZ’s Financial Stability Report and the associated press conference, followed by ANZ Business Confidence data and testimony by the Governor before Parliament. On Thursday, the government will be releasing its annual budget.

Chinese Yuan

It will be a quiet week for the Yuan, with the only item of the week due on Friday when we will get Manufacturing PMI data.

Australian Dollar

It will be a quiet week for the Aussie, with nothing due except Building Approvals and Private Capital Expenditure data releases 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.
Learn more from Adam in his free lessons at FX Academy

Did you like what you read? Let us know what you think!

exclamation mark

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate will also be removed.

0 User comments

exclamation mark

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate will also be removed.

Read more
Add new comment
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.