Jan.
9, 2009
(Allthingsforex.com)
– With
the U.S. Retail
Sales and a
sequence of
Consumer Price
Indexes
scheduled for
release from
major
industrialized
nations,
inflation and
consumer
spending will
be the main
themes of 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, Jan. 11 will begin the trading session with the Australian Melbourne Institute Inflation Expectations Survey of consumers’ expectations on future inflation, scheduled at 7:30 pm, ET.
Monday, Jan. 12 will start with the German Wholesale Price Index, a gauge of inflation in wholesale goods, at 2:00 am, ET.
News from Canada will bring the Bank of Canada’s Business Outlook Survey of economic conditions and growth of businesses, at 10:30 am, ET.
Later that afternoon, New Zealand’s Business Confidence Survey of the economic outlook of businesses will be released at 4:00 pm, ET, followed by the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 6:50 pm, ET.
The day will end with two important reports- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance of changes in home prices, at 7:00 pm, ET, and the British Retail Consortium Retail Sales Monitor, measuring weekly changes in retail sales, also at 7:00 pm, ET.
Tuesday, Jan. 13 will begin with the Japanese Eco Watchers Survey of economic conditions and consumer spending, at 12:00 am, ET.
The U.K. Trade Balance of the difference between imported and exported goods and services will be released at 4:30 am, ET, along with the U.K. Department for Communities and Local Government House Price Index, a measure of the U.K. housing market’s inflation and home price changes, also at 4:30 am, ET, followed by the U.K. Conference Board Leading Indicators of economic activity, at 5:00 am, ET.
The first spotlight event of the week- the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services will come at 8:30 am, ET, along with the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic data will continue with the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
The day will conclude with housing reports from “down under”, bringing New Zealand’s Building Approvals for new construction, at 4:45 pm, ET, and the Australian Home Loans, measuring the number of issued loans for home purchases, at 7:30 pm, ET.
Wednesday, Jan. 14 will start with a spotlight event- the Euro-zone Industrial Production, measuring the physical output of factories, mines and utilities, at 5:00 am, ET.
The U.S. economic data will deliver one of the most important spotlight events for the week- the U.S. Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, due at 8:30 am, ET, along with the U.S. Import and Export Price indexes of price changes in domestic and foreign-produces goods, also at 8:30 am, ET.
More U.S. economic reports will include the U.S. Business Inventories, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
An important data from Japan will bring the CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 6:50 pm, ET.
The economic releases with continue with a spotlight event- the Australian Employment Change and Unemployment Rate, an indicator of economic conditions, jobs creation and employment trends, at 7:30 pm, ET.
The Australian Business Confidence of small and large companies in the economy, and the Reserve Bank of Australia’s Monthly Bulletin on monetary policy, inflation and economic conditions, will wrap up the day at 7:30 pm, ET.
Thursday, Jan. 15 will begin with the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
More European news will deliver a major spotlight event- the Euro-zone HICP- Harmonized Index of Consumer Prices, the main measure of inflation in the Euro-zone and the European equivalent to the CPI- Consumer Price Index, at 5:00 am, ET.
One of the main spotlight events of the week- the European Central Bank's Interest Rate Decision will be released at 7:45 am, ET.
Another important event that morning will be the European Central Bank President Jean-Claude Trichet’s press conference following the ECB Governing Council's interest rate decision, scheduled at 8:30 am, ET. The language of the statement will be very closely watched for any hints of future changes in the ECB’s monetary policy.
The U.S. releases will begin with a spotlight event- the U.S. PPI- Producers Price Index, the main measure of the level of inflation experienced by manufacturers, at 8:30 am, ET, along with the U.S. Weekly Jobless Claims, also at 8:30 am, ET.
The important U.S. economic reports will continue with the Empire State Manufacturing Survey of manufacturing conditions in the state of New York, at 8:30 am, ET, and the Philadelphia Fed Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET.
Friday, Jan. 16 will start with the Swiss PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET, followed by the Euro-zone Trade Balance of the difference between imported and exported goods and services, at 5:00 am, ET.
The U.S. economic releases will bring a sequence of spotlight events, beginning with the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, at 8:30 am, ET.
The U.S. economic data will continue with an important report- the U.S. TIC- Treasury International Capital, a measure of the attractiveness of the U.S. Dollar, tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET.
Another spotlight event will follow with the release of the U.S. Industrial Production and Capacity Utilization of the nation’s factories, mines, and utilities, at 9:15 am, ET.
The busy trading week will end with a spotlight event- the preliminary estimate of the U.S. Consumer Sentiment, the University of Michigan's monthly survey of 500 households on financial conditions and attitudes about the economy, scheduled at 10:00 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, Jan. 11 will begin the trading session with the Australian Melbourne Institute Inflation Expectations Survey of consumers’ expectations on future inflation, scheduled at 7:30 pm, ET.
Monday, Jan. 12 will start with the German Wholesale Price Index, a gauge of inflation in wholesale goods, at 2:00 am, ET.
News from Canada will bring the Bank of Canada’s Business Outlook Survey of economic conditions and growth of businesses, at 10:30 am, ET.
Later that afternoon, New Zealand’s Business Confidence Survey of the economic outlook of businesses will be released at 4:00 pm, ET, followed by the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 6:50 pm, ET.
The day will end with two important reports- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance of changes in home prices, at 7:00 pm, ET, and the British Retail Consortium Retail Sales Monitor, measuring weekly changes in retail sales, also at 7:00 pm, ET.
Tuesday, Jan. 13 will begin with the Japanese Eco Watchers Survey of economic conditions and consumer spending, at 12:00 am, ET.
The U.K. Trade Balance of the difference between imported and exported goods and services will be released at 4:30 am, ET, along with the U.K. Department for Communities and Local Government House Price Index, a measure of the U.K. housing market’s inflation and home price changes, also at 4:30 am, ET, followed by the U.K. Conference Board Leading Indicators of economic activity, at 5:00 am, ET.
The first spotlight event of the week- the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services will come at 8:30 am, ET, along with the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic data will continue with the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
The day will conclude with housing reports from “down under”, bringing New Zealand’s Building Approvals for new construction, at 4:45 pm, ET, and the Australian Home Loans, measuring the number of issued loans for home purchases, at 7:30 pm, ET.
Wednesday, Jan. 14 will start with a spotlight event- the Euro-zone Industrial Production, measuring the physical output of factories, mines and utilities, at 5:00 am, ET.
The U.S. economic data will deliver one of the most important spotlight events for the week- the U.S. Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, due at 8:30 am, ET, along with the U.S. Import and Export Price indexes of price changes in domestic and foreign-produces goods, also at 8:30 am, ET.
More U.S. economic reports will include the U.S. Business Inventories, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
An important data from Japan will bring the CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 6:50 pm, ET.
The economic releases with continue with a spotlight event- the Australian Employment Change and Unemployment Rate, an indicator of economic conditions, jobs creation and employment trends, at 7:30 pm, ET.
The Australian Business Confidence of small and large companies in the economy, and the Reserve Bank of Australia’s Monthly Bulletin on monetary policy, inflation and economic conditions, will wrap up the day at 7:30 pm, ET.
Thursday, Jan. 15 will begin with the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
More European news will deliver a major spotlight event- the Euro-zone HICP- Harmonized Index of Consumer Prices, the main measure of inflation in the Euro-zone and the European equivalent to the CPI- Consumer Price Index, at 5:00 am, ET.
One of the main spotlight events of the week- the European Central Bank's Interest Rate Decision will be released at 7:45 am, ET.
Another important event that morning will be the European Central Bank President Jean-Claude Trichet’s press conference following the ECB Governing Council's interest rate decision, scheduled at 8:30 am, ET. The language of the statement will be very closely watched for any hints of future changes in the ECB’s monetary policy.
The U.S. releases will begin with a spotlight event- the U.S. PPI- Producers Price Index, the main measure of the level of inflation experienced by manufacturers, at 8:30 am, ET, along with the U.S. Weekly Jobless Claims, also at 8:30 am, ET.
The important U.S. economic reports will continue with the Empire State Manufacturing Survey of manufacturing conditions in the state of New York, at 8:30 am, ET, and the Philadelphia Fed Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET.
Friday, Jan. 16 will start with the Swiss PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET, followed by the Euro-zone Trade Balance of the difference between imported and exported goods and services, at 5:00 am, ET.
The U.S. economic releases will bring a sequence of spotlight events, beginning with the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, at 8:30 am, ET.
The U.S. economic data will continue with an important report- the U.S. TIC- Treasury International Capital, a measure of the attractiveness of the U.S. Dollar, tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET.
Another spotlight event will follow with the release of the U.S. Industrial Production and Capacity Utilization of the nation’s factories, mines, and utilities, at 9:15 am, ET.
The busy trading week will end with a spotlight event- the preliminary estimate of the U.S. Consumer Sentiment, the University of Michigan's monthly survey of 500 households on financial conditions and attitudes about the economy, scheduled at 10:00 am, ET.
