• Home ::
• Fundamental ::
• Market View ::
• The Trading Week

• Send
• Print
• Add To
• Rss

The Trading Week

The Trading Week: Apr. 20 − Apr. 25

Thu, Apr 17 2008, 20:07 GMT
by Ilian Yotov

AllThingsForex

Apr. 18, 2008 (Allthingsforex.com) – The U.S. housing data, two interest rate announcements and inflation reports from major economies around the globe, promise to keep traders occupied in the week ahead.

In preparation for the new trading week, here is a quick look at the most important economic events that every currency trader should pay attention to.

Sunday, Apr. 20 will start the trading session with a sequence of significant economic releases, beginning with the U.K. Rightmove House Price Index, used as an indicator of price changes and inflation in the housing sector, at 7:00 pm, ET, and the Japanese Tertiary Service Industry Activity Index, at 7:50 pm, ET.

The first spotlight event of the week will follow with the Australian PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, scheduled at 9:30 pm, ET.

Monday, Apr. 21 will bring only one notable economic release- the Canadian Foreign Securities Purchases, a monthly measure of domestic securities, debt, and assets purchased by foreign investors, due at 8:30 am, ET.

Tuesday, Apr. 22 will start with the Swiss Trade Balance of the difference in value between imported and exported goods and services, at 2:15 am, ET.

News from Canada will bring one of the major spotlight events of the week- the Bank of Canada Interest Rate Announcement, scheduled at 9:00 am, ET.

The U.S. economic data will include the U.S. House Price Index of price changes and inflation in the housing sector, at 10:00 am, ET, the U.S. State Street Investor Confidence Index, measuring investors’ confidence by looking at actual levels of risk in investment portfolios, at 10:00 am, ET, and the Richmond Fed Index, measuring the general business conditions of manufacturers in the Richmond Federal Reserve district, also at 10:00 am, ET.

The day will conclude with the Japanese Trade Balance, at 7:50 pm, ET, followed by an important spotlight event- the Australian CPI- Consumer Price Index, the country’s main measure of inflation, at 9:30 pm, ET.

Wednesday, Apr. 23 will begin with the German and the Euro-zone Manufacturing and Services PMI- Purchasing Manager's Indexes, measuring the level of activity of purchasing managers in the manufacturing and service sectors, scheduled at 3:30 am, ET and 4:00 am, ET. 

The U.K. releases will deliver a spotlight event- Bank of England’s Monetary Policy Committee Meeting Minutes that should provide clues about the bank’s policy makers’ position on interest rates and the future monetary policy, at 4:30 am, ET, along with the BBA- British Bankers' Association Mortgage Approvals, also at 4:30 am, ET.

The Euro-zone’s Industrial New Orders will be released at 5:00 am, ET, followed by an important release from Canada- the Canadian Retail Sales, the main measure of consumer spending, at 8:30 am, ET.

The U.S. economic releases will bring a major spotlight event- the U.S. Existing Home Sales, measuring the number of closed sales of previously constructed homes, condominium and co-ops, and the main gauge of the condition of the U.S. housing market, at 10:00 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.

Later that afternoon, a spotlight event will come from New Zealand with the Reserve Bank of New Zealand’s Interest Rate Announcement, at 5:00 pm, ET.

The busy day will end with the Japanese All Activity Index of changes in spending for goods and services, at 7:50 pm, ET, and the Japanese CSPI- Corporate Services Price Index of the rate of inflation for corporations that pay for services, also at 7:50 pm, ET.

Thursday, Apr. 24 will start with the closely monitored German IFO Institute Business Climate and Expectations Indexes, at 4:00 am, ET, followed by a spotlight event- the U.K. Retail Sales, the main gauge of consumer spending, at 4:30 am, ET.

The U.S economic releases will begin with the usual for every Thursday weekly Jobless Claims, at 8:30 am, ET, along with the U.S. Durable Goods Orders, placed with domestic manufacturers for immediate and future delivery of factory hard goods, also at 8:30 am, ET.

The U.S. data will continue with a spotlight event- the U.S. New Home Sales, measuring the number of newly constructed homes with a committed sale during the previous month, at 10:00 am, ET.

News from Canada will bring the Bank of Canada’s Monetary Policy Report, a detailed review of the bank's policies and strategies, plus a look at the current economic climate and its implications for inflation, at 10:30 am, ET, along with the U.S. EIA- Energy Information Administration Weekly Natural Gas Report, also at 10:30 am, ET.

The day will end with a spotlight event- the Japanese CPI- Consumer Price Index, the main measure of inflation, at 7:50 pm, ET.

Friday, Apr. 25 will begin with the Euro-zone M3 Money Supply, measuring the supply of money help by the public, at 4:00 am, ET.

News from the U.K. will bring a spotlight event- the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, at 4:30 am, ET, along with the U.K. Index of Services, also at 4:30 am, ET.

The busy trading week will end with a spotlight event- the U.S. University of Michigan's Consumer Sentiment survey of financial conditions and attitudes about the economy, scheduled at 10:00 am, ET. 

Published on  Thu, Apr 17 2008, 20:10 GMT

Archive

• The Trading Week: July 20 - July 25
  Published On Thu, Jul 17 2008, 22:09 GMT
• The Trading Week: July 13 - July 18
  Published On Thu, Jul 10 2008, 22:31 GMT
• The Trading Week: July 6 - July 11
  Published On Thu, Jul 3 2008, 15:17 GMT
• The Trading Week: June 29 - July 4
  Published On Thu, Jun 26 2008, 21:44 GMT
• The Trading Week: June 22 - June 27
  Published On Thu, Jun 19 2008, 21:11 GMT

[ View All ]

• More Reports from this Author
• More Reports from this Contributor

AllThingsForex.com  | U.S.A
http://www.allthingsforex.com/ | trader@allthingsforex.com