This week will see a heavier yet still relatively light news agenda, with the key items coming as Central Bank input for the U.S. and Australian Dollars and the British Pound, as well as the Euro to a lesser extent. The market will probably be most active on Wednesday. It is a public holiday in both the U.S.A. and in Japan on Thursday.
U.S. Dollar
It will be a reasonably busy week for the greenback, yet it all takes place on one day, Wednesday, with the release of Core Durable Goods Orders and Unemployment Claims data, as well as Crude Oil Inventories and the FOMC Meeting Minutes. On Wednesday we will get CPI and Retail Sales numbers. Thursday brings a release of Unemployment Claims numbers. Finally, Friday will see the release of Building Permits data.
British Pound
It will be a very important week for the Pound, starting on Tuesday with Inflation Report Hearings which include Central Bank testimony. Wednesday sees the release of the Government’s Autumn Forecast Statement, followed on Friday by the Second Estimate GDP.
Australian Dollar
It will be a quiet but important week for the Aussie, all taking place on Tuesday with the release of the RBA’s Monetary Policy Meeting Minutes. Later that day, the Governor of the RBA will be speaking.
Euro
The President of the ECB will testify before the European Parliament on Monday.
Canadian Dollar
It will be a quiet week for the Loonie, with nothing due except a release of Core Retail Sales data on Friday.
New Zealand Dollar
It will be a quiet week for the Kiwi, with nothing due except a release of Retail Sales data on Wednesday.
