Weekly Economic & Political Timeline

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This week will see very little major central bank input, which is only due from the Reserve Bank of Australia, in addition to a few important inflation data releases from major economies.

The market is likely to be most active on Wednesday.

Monday is a public holiday in the U.S.A., Japan, and Canada.

U.S. Dollar

It will be a relatively quiet week for the greenback after Monday’s holiday, starting on Wednesday with releases of Retail Sales data and Crude Oil Inventories. Thursday brings the Philly Fed Manufacturing Index.

Chinese Yuan

It will be a quiet but important week for the Yuan, with everything happening on Friday when we will get Chinese GDP data.

British Pound

It will be a quiet but important week for the Pound, starting on Wednesday with a release of CPI (inflation) data. On Thursday we will get Retail Sales numbers.

Australian Dollar

It will be an important week for the Aussie, starting on Tuesday when the Reserve Bank of Australia will release its Monetary Policy Meeting Minutes. On Thursday there will be releases of the Unemployment Rate and Employment Change numbers.

Canadian Dollar

It will be a quiet but significant week for the Loonie, all happening on Wednesday with a release of CPI (inflation) data.

New Zealand Dollar

It will be a quiet but significant week for the Kiwi, all happening on Wednesday when we will get CPI (inflation) data.

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.