- July 1, 2019
- Posted by: Trading
- Category: News
This week is likely to see less market activity than last week, with important central bank input due concerning only the Australian Dollar. There will also be a release of important U.S Non-Farm Payrolls data.
The market is likely to be most active on Friday.
Monday will be a public holiday in Canada and Thursday will be a public holiday in the U.S.A.
It will be a busy and an important week for the Dollar, starting on Monday with a release of ISM Manufacturing PMI data. On Wednesday we will get ISM Non-Manufacturing PMI data. Finally, Friday will bring important releases concerning Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings numbers.
It will be an important week for the Aussie, starting on Tuesday with releases of the RBA Rate Statement and Cash Rate. On Wednesday, the Governor of the RBA will be making a minor speech, and there will be a release of Building Approvals data. Finally, on Thursday we will get a release of Retail Sales data.
For the Yuan, it is all happening on Monday with a release of Caixin Manufacturing PMI data.
It will be a reasonably busy week for the Loonie, starting on Wednesday with a release of Trade Balance data. On Friday, we will get Employment Change and Unemployment Rate numbers.