Nov.
14, 2008
(Allthingsforex.com)
–
Inflation will
be the main
theme of the
week ahead
which will
bring a
sequence of
inflation
reports
scheduled for
release from
major economies
around the
globe.
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, Nov. 16 will kick-start the trading session with the first spotlight event of the week- the preliminary estimate of the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, at 6:50 pm, ET, along with the Japanese Tertiary Index of activity in six industries: utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services, also at 6:50 pm, ET.
Another important economic report will follow 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.
The day will end with a spotlight event- the Australian Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 7:30 pm, ET.
Monday, Nov. 17 will begin with the Euro-zone Trade Balance of the difference in value between imported and exported goods and services, at 5:00 am, ET.
The U.S. economic data will bring two notable releases- the Empire State Manufacturing Survey of manufacturing conditions in New York State, at 8:30 am, ET, and the U.S. Industrial Production, measuring the physical output of factories, mines and utilities, at 9:15 am, ET.
A spotlight event- the Reserve Bank of Australia’s Meeting Minutes from the last monetary policy meeting that may provide some clues about the bank’s future monetary policy, will finish the day at 7:30 pm, ET.
Tuesday, Nov. 18 will start with the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET.
One of the main spotlight events of the week- the U.K. CPI- Consumer Price Index, the main measure of inflation used by the Bank of England, will be released at 4:30 am, ET, along with the U.K. RPI- Retail Price Index of the rate of inflation experienced by consumers when purchasing goods and services, also at 4:30 am, ET.
A strong U.S. economic data sequence will begin with a spotlight event- the U.S. PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 8:30 am, ET.
The U.S. releases will continue with the TIC- Treasury International Capital, the Treasury data tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET, followed by 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 U.S. National Association of Home Builders Housing Market Index of housing market conditions, at 1:00 pm, ET.
Important economic reports from “down under” will bring New Zealand’s PPI- Producers Price Index, the main measure of inflation experienced by manufacturers, at 4:45 pm, ET, followed by the Australian Westpac Melbourne Institute Leading Index of economic activity, at 6:30 pm, ET.
The day will end with the Japanese All Industries Activity Index of changes in spending for goods and services, at 6:50 pm, ET.
Wednesday, Nov. 19 will begin with a spotlight event- the Bank of England’s Monetary Policy Committee Meeting Minutes that should provide clues about the bank’s position on interest rates and the future of the bank’s monetary policy, at 4:30 am, ET.
News from Canada will bring the Canadian Leading Index of economic activity and the Foreign Securities Purchases, a measure of foreign investments in Canada, both due at 8:30 am, ET.
The main spotlight event of the week- the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, will be released at 8:30 am, ET.
The U.S. economic releases will continue with another important report- the U.S. Housing Starts and Building Permits, measuring changes in the rate of home construction and a gauge of demand for new homes, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
More U.S. data will bring the FOMC- Federal Open Market Committee Meeting Minutes from the last monetary policy meeting that may provide some clues about the Fed’s future monetary policy, due at 2:00 pm, ET.
The day will end with the Japanese Trade Balance of the difference in value between imported and exported goods and services, at 6:50 pm, ET, followed by the Reserve Bank of Australia’s Monthly Bulletin, a report on current economic environment and an outlook for inflation and future economic conditions, scheduled at 7:30 pm, ET.
Thursday, Nov. 20 will start with the German PPI-Producers Price Index, the main measure of inflation experienced by manufacturers in the Euro-zone’s largest economy, at 2:00 am, ET, and the Swiss Trade Balance of the difference in value between imported and exported goods and services, at 2:15 am, ET.
A spotlight event will come with the release of the U.K. Retail Sales, the main gauge of consumer spending, scheduled at 4:30 am, ET, along with the U.K. Public Sector Net Borrowing and Money Supply, also at 4:30 am, ET.
News from Canada will bring the Canadian Wholesale Sales, measuring sales made by wholesalers, at 8:30 am, ET, along with the Canadian Corporate Profits, also at 8:30 am, ET.
The U.S economic data will begin with the usual for every Thursday weekly Jobless Claims, at 8:30 am, ET, followed by the U.S. Leading Indicators of economic activity, at 10:00 am, ET.
More U.S. reports will include the Philly Fed Manufacturing Survey, a diffusion index of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Natural Gas Inventories, at 10:30 am, ET.
The day will conclude early with the notable release of Bank of Canada’s Quarterly Report on economic conditions, monetary policy and outlook for inflation, scheduled at 10:30 am, ET.
Friday, Nov. 21 will begin with a spotlight event- the Bank of Japan Interest Rate Announcement, expected around 12:00 am, ET.
News from the Euro-zone will bring 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, due at 3:30 am, ET and 4:00 am, ET.
The trading week will end with a spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, scheduled at 7:00 am, ET.
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, Nov. 16 will kick-start the trading session with the first spotlight event of the week- the preliminary estimate of the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, at 6:50 pm, ET, along with the Japanese Tertiary Index of activity in six industries: utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services, also at 6:50 pm, ET.
Another important economic report will follow 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.
The day will end with a spotlight event- the Australian Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 7:30 pm, ET.
Monday, Nov. 17 will begin with the Euro-zone Trade Balance of the difference in value between imported and exported goods and services, at 5:00 am, ET.
The U.S. economic data will bring two notable releases- the Empire State Manufacturing Survey of manufacturing conditions in New York State, at 8:30 am, ET, and the U.S. Industrial Production, measuring the physical output of factories, mines and utilities, at 9:15 am, ET.
A spotlight event- the Reserve Bank of Australia’s Meeting Minutes from the last monetary policy meeting that may provide some clues about the bank’s future monetary policy, will finish the day at 7:30 pm, ET.
Tuesday, Nov. 18 will start with the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET.
One of the main spotlight events of the week- the U.K. CPI- Consumer Price Index, the main measure of inflation used by the Bank of England, will be released at 4:30 am, ET, along with the U.K. RPI- Retail Price Index of the rate of inflation experienced by consumers when purchasing goods and services, also at 4:30 am, ET.
A strong U.S. economic data sequence will begin with a spotlight event- the U.S. PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 8:30 am, ET.
The U.S. releases will continue with the TIC- Treasury International Capital, the Treasury data tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET, followed by 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 U.S. National Association of Home Builders Housing Market Index of housing market conditions, at 1:00 pm, ET.
Important economic reports from “down under” will bring New Zealand’s PPI- Producers Price Index, the main measure of inflation experienced by manufacturers, at 4:45 pm, ET, followed by the Australian Westpac Melbourne Institute Leading Index of economic activity, at 6:30 pm, ET.
The day will end with the Japanese All Industries Activity Index of changes in spending for goods and services, at 6:50 pm, ET.
Wednesday, Nov. 19 will begin with a spotlight event- the Bank of England’s Monetary Policy Committee Meeting Minutes that should provide clues about the bank’s position on interest rates and the future of the bank’s monetary policy, at 4:30 am, ET.
News from Canada will bring the Canadian Leading Index of economic activity and the Foreign Securities Purchases, a measure of foreign investments in Canada, both due at 8:30 am, ET.
The main spotlight event of the week- the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, will be released at 8:30 am, ET.
The U.S. economic releases will continue with another important report- the U.S. Housing Starts and Building Permits, measuring changes in the rate of home construction and a gauge of demand for new homes, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
More U.S. data will bring the FOMC- Federal Open Market Committee Meeting Minutes from the last monetary policy meeting that may provide some clues about the Fed’s future monetary policy, due at 2:00 pm, ET.
The day will end with the Japanese Trade Balance of the difference in value between imported and exported goods and services, at 6:50 pm, ET, followed by the Reserve Bank of Australia’s Monthly Bulletin, a report on current economic environment and an outlook for inflation and future economic conditions, scheduled at 7:30 pm, ET.
Thursday, Nov. 20 will start with the German PPI-Producers Price Index, the main measure of inflation experienced by manufacturers in the Euro-zone’s largest economy, at 2:00 am, ET, and the Swiss Trade Balance of the difference in value between imported and exported goods and services, at 2:15 am, ET.
A spotlight event will come with the release of the U.K. Retail Sales, the main gauge of consumer spending, scheduled at 4:30 am, ET, along with the U.K. Public Sector Net Borrowing and Money Supply, also at 4:30 am, ET.
News from Canada will bring the Canadian Wholesale Sales, measuring sales made by wholesalers, at 8:30 am, ET, along with the Canadian Corporate Profits, also at 8:30 am, ET.
The U.S economic data will begin with the usual for every Thursday weekly Jobless Claims, at 8:30 am, ET, followed by the U.S. Leading Indicators of economic activity, at 10:00 am, ET.
More U.S. reports will include the Philly Fed Manufacturing Survey, a diffusion index of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Natural Gas Inventories, at 10:30 am, ET.
The day will conclude early with the notable release of Bank of Canada’s Quarterly Report on economic conditions, monetary policy and outlook for inflation, scheduled at 10:30 am, ET.
Friday, Nov. 21 will begin with a spotlight event- the Bank of Japan Interest Rate Announcement, expected around 12:00 am, ET.
News from the Euro-zone will bring 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, due at 3:30 am, ET and 4:00 am, ET.
The trading week will end with a spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, scheduled at 7:00 am, ET.
