There will be a similar news schedule this week compared to last week, dominated by key central bank actions concerning the British Pound and Swiss Franc. There will also be a slew of key economic data releases mostly concerning the U.S. Dollar towards the end of the week.
The key day this week with the busiest schedule is Thursday.
U.S. Dollar
The greenback’s busy week begins on Wednesday with the release of Crude Oil Inventories data, followed on Thursday by Retail Sales, Unemployment Claims, PPI, and the Philly Fed Manufacturing Index. Finally, on Friday we will get CPI and Preliminary UoM Consumer Sentiment numbers.
British Pound
It will be an important week for the Pound starting on Tuesday with the release of CPI data followed on Wednesday by the Average Earnings Index and the Claimant Count Change numbers. The key day falls on Thursday with the Monetary Policy Summary, Official Bank Rate and Votes from the Bank of England: earlier that day there will also be a release of Retail Sales data.
Swiss Franc
It will be an important week for the Swissie all happening on Thursday with the release of the monthly SNB Monetary Policy Assessment and LIBOR rate.
Chinese Yuan
It will be a typical week for the Yuan, centered upon the release of Industrial Production data on Tuesday. China has a public holiday on Friday.
Euro
It will be a fairly light week for the Euro, with the release of German ZEW Economic Sentiment data on Tuesday, as well as the President of the ECB’s remarks at an awards ceremony that day which are likely to be unimportant.
Australian Dollar
It will be a light week for the Aussie, with nothing due except Employment Change and Unemployment Rate data on Thursday.
Canadian Dollar
It will be a very light week for the Loonie, with nothing due except Manufacturing Sales data on Friday.
New Zealand Dollar
It will be a very light week for the Kiwi, with nothing due except GDP data on Thursday.
