Weekly Economic & Political Timeline

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This week has a considerably lighter schedule than last week, with central bank input due only from the Bank of England and the Reserve Bank of Australia.

The market is likely to be most active on Thursday.

Monday is a public holiday in Japan.

U.S. Dollar

It will be a very light week for the greenback, with nothing due except ISM Non-Manufacturing PMI data on Tuesday.

British Pound

It will be an important week for the Pound, with everything happening on Thursday with releases of the Bank of England’s Monetary Policy Summary and Official Bank Rate, plus Inflation Report and Votes, followed by the usual press conference.

Australian Dollar

It will be an important week for the Aussie, starting on Monday with a release of Retail Sales data. On Tuesday we will get the RBA’s Rate Statement, followed by the RBA’s Monetary Police Statement on Friday.

Canadian Dollar

It will be a quiet week for the Loonie, starting on Tuesday with a release of Trade Balance data. Friday brings Unemployment Rate and Employment Change data.

Euro

It will be a quiet week for the Euro, starting on Monday with a minor speech by the new President of the ECB. Thursday brings the release of EU Economic Forecasts by the European Commission.

New Zealand Dollar

It will be a quiet week for the Kiwi, with everything happening on Tuesday with releases of Unemployment Rate and Employment Change 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.