Jan.
16, 2009
(Allthingsforex.com)
– Two
interest rate
announcements
from Bank of
Canada and Bank
of Japan along
with inflation
reports from
major economies
will 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, Jan. 18 will start the trading session with the first spotlight event of the week- the Australian TD Securities Melbourne Institute Inflation Gauge, a measure of consumer inflation used as a leading monthly indicator of the main gauge of inflation, the quarterly released Consumer Price Index, scheduled at 6:30 pm, ET.
The day will conclude with two significant economic releases- the U.K. Rightmove House Price Index, used as an indicator of price changes in the housing sector, at 7:00 pm, ET, and the Japanese Industrial Production, measuring the physical output of factories, mines and utilities, at 11:30 pm, ET.
Monday, Jan. 19 will begin with the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET, followed by the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
A spotlight event will come later that afternoon with the release of New Zealand’s CPI- Consumer Price Index, the main measure of inflation, at 4:45 pm, ET.
The day will end with the Japanese Tertiary Index of activity in six service industries: utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services, due at 6:50 pm, ET.
Tuesday, Jan. 20 will start with 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.
Another spotlight event will follow with the release of the German and the Euro-zone ZEW Institute Economic Sentiment, a measure of the sentiment of institutional investors, at 5:00 am, ET.
News from Canada will bring one of the main spotlight events of the week- the Bank of Canada Interest Rate Announcement, scheduled at 9:00 am, ET.
The day will end with two notable economic reports- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 am, ET, and the Australian Consumer Sentiment, a survey of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET.
Wednesday, Jan. 21 will begin with 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.
News from the U.K. will bring a spotlight event- the 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 of the bank’s monetary policy, at 4:30 am, ET, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, also at 4:30 am, ET.
The U.S. economic data for the day will include the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Housing Market Index based on a combination of current new home sales, expected new home sales for the next six months, as well as traffic of prospective buyers of new homes, scheduled for release at 1:00 pm, ET.
The day will conclude with the Japanese Trade Balance of the difference in value between imported and exported goods and services, at 6:50 pm, ET, and the Australian Inflations Expectations, a survey of consumers’ expectations of future inflation, at 7:00 pm, ET.
Thursday, Jan. 22 will start with one of the main spotlight events of the week- the Bank of Japan’s Interest Rate Announcement, expected around 12:00 am, ET.
The European releases will deliver several notable reports beginning with the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET.
More European data will include the Euro-zone Industrial New Orders, at 5:00 am, ET, the Swiss ZEW Institute Economic Expectations Index of investor sentiment, also at 5:00 am, ET, and the U.K. Confederation of British Industry Industrial Trends Survey of manufacturing conditions, at 6:00 am, ET.
A spotlight event will come with the release of the Canadian Retail Sales, the main measure of consumer spending, at 8:30 am, ET, along with the Canadian Leading Index of economic conditions, also at 8:30 am, ET.
The U.S economic releases will bring a spotlight event- the U.S. Housing Starts and Building Permits, measuring registered starts of new residential construction, at 8:30 am, ET, along with the weekly Jobless Claims, also at 8:30 am, ET.
The economic reports will continue with the U.S. House Price Index of price changes and inflation in the housing sector, at 10:00 am, ET, followed by the Bank of Canada’s Monetary Policy Report on the future of the bank’s monetary policy and an outlook on inflation and economic conditions, scheduled at 10:30 am, ET.
The day will end with the Japanese All Industries Activity Index of changes in the overall production by all sectors of the Japanese economy, at 6:50 pm, ET.
Friday, Jan. 23 will begin with the Bank of Japan’s Monthly Report on inflation, economic activity and growth, at 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, scheduled at 3:30 am, ET and 4:00 am, ET.
A spotlight event will follow with the release of the U.K. Retail Sales, the main gauge of consumer spending, scheduled at 4:30 am, ET, along with the preliminary estimate of the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, also at 4:30 am, ET.
The busy trading week will end with a spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, 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, Jan. 18 will start the trading session with the first spotlight event of the week- the Australian TD Securities Melbourne Institute Inflation Gauge, a measure of consumer inflation used as a leading monthly indicator of the main gauge of inflation, the quarterly released Consumer Price Index, scheduled at 6:30 pm, ET.
The day will conclude with two significant economic releases- the U.K. Rightmove House Price Index, used as an indicator of price changes in the housing sector, at 7:00 pm, ET, and the Japanese Industrial Production, measuring the physical output of factories, mines and utilities, at 11:30 pm, ET.
Monday, Jan. 19 will begin with the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET, followed by the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
A spotlight event will come later that afternoon with the release of New Zealand’s CPI- Consumer Price Index, the main measure of inflation, at 4:45 pm, ET.
The day will end with the Japanese Tertiary Index of activity in six service industries: utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services, due at 6:50 pm, ET.
Tuesday, Jan. 20 will start with 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.
Another spotlight event will follow with the release of the German and the Euro-zone ZEW Institute Economic Sentiment, a measure of the sentiment of institutional investors, at 5:00 am, ET.
News from Canada will bring one of the main spotlight events of the week- the Bank of Canada Interest Rate Announcement, scheduled at 9:00 am, ET.
The day will end with two notable economic reports- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 am, ET, and the Australian Consumer Sentiment, a survey of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET.
Wednesday, Jan. 21 will begin with 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.
News from the U.K. will bring a spotlight event- the 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 of the bank’s monetary policy, at 4:30 am, ET, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, also at 4:30 am, ET.
The U.S. economic data for the day will include the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Housing Market Index based on a combination of current new home sales, expected new home sales for the next six months, as well as traffic of prospective buyers of new homes, scheduled for release at 1:00 pm, ET.
The day will conclude with the Japanese Trade Balance of the difference in value between imported and exported goods and services, at 6:50 pm, ET, and the Australian Inflations Expectations, a survey of consumers’ expectations of future inflation, at 7:00 pm, ET.
Thursday, Jan. 22 will start with one of the main spotlight events of the week- the Bank of Japan’s Interest Rate Announcement, expected around 12:00 am, ET.
The European releases will deliver several notable reports beginning with the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET.
More European data will include the Euro-zone Industrial New Orders, at 5:00 am, ET, the Swiss ZEW Institute Economic Expectations Index of investor sentiment, also at 5:00 am, ET, and the U.K. Confederation of British Industry Industrial Trends Survey of manufacturing conditions, at 6:00 am, ET.
A spotlight event will come with the release of the Canadian Retail Sales, the main measure of consumer spending, at 8:30 am, ET, along with the Canadian Leading Index of economic conditions, also at 8:30 am, ET.
The U.S economic releases will bring a spotlight event- the U.S. Housing Starts and Building Permits, measuring registered starts of new residential construction, at 8:30 am, ET, along with the weekly Jobless Claims, also at 8:30 am, ET.
The economic reports will continue with the U.S. House Price Index of price changes and inflation in the housing sector, at 10:00 am, ET, followed by the Bank of Canada’s Monetary Policy Report on the future of the bank’s monetary policy and an outlook on inflation and economic conditions, scheduled at 10:30 am, ET.
The day will end with the Japanese All Industries Activity Index of changes in the overall production by all sectors of the Japanese economy, at 6:50 pm, ET.
Friday, Jan. 23 will begin with the Bank of Japan’s Monthly Report on inflation, economic activity and growth, at 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, scheduled at 3:30 am, ET and 4:00 am, ET.
A spotlight event will follow with the release of the U.K. Retail Sales, the main gauge of consumer spending, scheduled at 4:30 am, ET, along with the preliminary estimate of the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, also at 4:30 am, ET.
The busy trading week will end with a spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, at 7:00 am, ET.
