- August 5, 2018
- Posted by: Trading
- Category: News
This week will see a lighter news agenda compared to last week, with central bank input due from the Reserve Banks of Australia and New Zealand. There will also be a few major economic data releases primarily concerning the U.S. and Canadian Dollars and the British Pound, including U.S. inflation data
The market will almost certainly be most active on Thursday and Friday.
Monday will be a public holiday in Canada and Australia.
It will be a relatively full week for the greenback, starting on Wednesday with a release of Crude Oil Inventories, the FOMC Statement and new Federal Funds Rate. Thursday brings PPI data. Finally, on Friday, we will get CPI numbers.
It will be an important week for the Pound, all happening on Friday with releases of GDP and Manufacturing Production data.
It will be an important and busy week for the Aussie, starting on Tuesday with a release of the RBA Rate Statement. On Wednesday, the Governor of the RBA will be giving a speech about Monetary Policy. Finally, on Friday we will get the RBA Monetary Policy Statement.
New Zealand Dollar
It will be an important and busy week for the Kiwi, starting on Wednesday with the release of Inflation Expectations data. On Thursday, we will get the RBNZ Monetary Policy and Rate Statements, as well as the Official Cash Rate, followed by the usual press conference.
It will be a quiet week for the Loonie, with nothing due except Employment Change and Unemployment Rate data on Friday.