Apr.
17, 2009
(Allthingsforex.com)
– The
U.S. housing
data and
inflation
reports from
major economies
around the
globe will
dominate the
economic
headlines 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. 19 will start with two notable economic reports- the U.K. Rightmove House Price Index, an indicator of changes in home prices, at 7:00 pm, ET, and the Australian PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 9:30 pm, ET.
Monday, Apr. 20 will begin with the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
The only U.S. economic data for the day will be the U.S. Leading Indicators of economic activity, at 10:00 am, ET.
The day will end with 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, at 9:30 pm, ET.
Tuesday, Apr. 21 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.
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.
More European news will bring a spotlight event- the German and the Euro-zone ZEW Institute Economic Sentiment, a survey of the sentiment and outlook of institutional investors and financial experts on the economy, at 5:00 am, ET.
Another major spotlight event will follow with the release of the Bank of Canada’s Interest Rate Announcement, at 9:00 am, ET.
Two more spotlight events that night will start with the Japanese Trade Balance of the difference between imported and exported goods and services, at 7:50 pm, ET.
A spotlight event from “down under”- the Australian CPI- Consumer Price Index, the main measure of inflation, will wrap up the busy day at 9:30 pm, ET.
Wednesday, Apr. 22 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, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, also at 4:30 am, ET.
The U.S. economic releases will include the U.S. House Price Index of the price changes of homes with mortgages backed by Fannie May and Freddie Mac, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
Thursday, Apr. 23 will start with the Swiss Trade Balance of the difference between imported and exported goods and services, at 2:15 am, ET.
Economic data 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, along with the Euro-zone Current Account of goods, services and transfer of payments into and out of the country, also at 4:00 am, ET.
The Swiss ZEW Institute Economic Expectations survey of the sentiment and outlook of institutional investors and financial experts on the economy will be released at 5:00 am, ET, along with the Euro-zone Industrial New Orders, also at 5:00 am, ET, followed by the U.K. Industrial Order Expectations, at 6:00 am, ET.
News from Canada will deliver the Canadian Retail Sales, the main gauge of consumer spending, 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.
The main spotlight event of the week- the U.S. Existing Home Sales, the main gauge of the condition of the U.S. housing market measuring the number of closed sales of previously constructed homes, condominiums and co-ops, will hit the newswires at 10:00 am, ET.
An important for the future fate of the Canadian Dollar economic release will bring the Bank of Canada’s Monetary Policy Report on economic conditions and the future of the bank’s monetary policy, at 10:30 am, ET.
The day will end with the Japanese All Industries Activity Index of activity in the services industry combined with activity in the construction, agricultural, industrial and public sectors of the economy, scheduled at 7:50 pm, ET, along with the Japanese CSPI- Corporate Services Price Index of the rate of inflation for corporations paying for services, also at 7:50 pm, ET.
Friday, Apr. 24 will begin with a spotlight event- the German IFO Institute Business Climate and Expectations Index, an early indicator of economic conditions and business expectations, at 4:00 am, ET.
The sequence of spotlight events will continue with the U.K. Retail Sales, the main gauge of consumer spending, at 4:30 am, ET, and 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 U.S. economic releases will bring one of the main spotlight events of the week- the U.S. Durable Goods Orders, a leading indicator of economic conditions tracking orders placed with domestic manufacturers for immediate and future delivery of factory hard goods, at 8:30 am, ET.
The trading week will end with another 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.
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. 19 will start with two notable economic reports- the U.K. Rightmove House Price Index, an indicator of changes in home prices, at 7:00 pm, ET, and the Australian PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 9:30 pm, ET.
Monday, Apr. 20 will begin with the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
The only U.S. economic data for the day will be the U.S. Leading Indicators of economic activity, at 10:00 am, ET.
The day will end with 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, at 9:30 pm, ET.
Tuesday, Apr. 21 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.
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.
More European news will bring a spotlight event- the German and the Euro-zone ZEW Institute Economic Sentiment, a survey of the sentiment and outlook of institutional investors and financial experts on the economy, at 5:00 am, ET.
Another major spotlight event will follow with the release of the Bank of Canada’s Interest Rate Announcement, at 9:00 am, ET.
Two more spotlight events that night will start with the Japanese Trade Balance of the difference between imported and exported goods and services, at 7:50 pm, ET.
A spotlight event from “down under”- the Australian CPI- Consumer Price Index, the main measure of inflation, will wrap up the busy day at 9:30 pm, ET.
Wednesday, Apr. 22 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, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, also at 4:30 am, ET.
The U.S. economic releases will include the U.S. House Price Index of the price changes of homes with mortgages backed by Fannie May and Freddie Mac, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
Thursday, Apr. 23 will start with the Swiss Trade Balance of the difference between imported and exported goods and services, at 2:15 am, ET.
Economic data 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, along with the Euro-zone Current Account of goods, services and transfer of payments into and out of the country, also at 4:00 am, ET.
The Swiss ZEW Institute Economic Expectations survey of the sentiment and outlook of institutional investors and financial experts on the economy will be released at 5:00 am, ET, along with the Euro-zone Industrial New Orders, also at 5:00 am, ET, followed by the U.K. Industrial Order Expectations, at 6:00 am, ET.
News from Canada will deliver the Canadian Retail Sales, the main gauge of consumer spending, 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.
The main spotlight event of the week- the U.S. Existing Home Sales, the main gauge of the condition of the U.S. housing market measuring the number of closed sales of previously constructed homes, condominiums and co-ops, will hit the newswires at 10:00 am, ET.
An important for the future fate of the Canadian Dollar economic release will bring the Bank of Canada’s Monetary Policy Report on economic conditions and the future of the bank’s monetary policy, at 10:30 am, ET.
The day will end with the Japanese All Industries Activity Index of activity in the services industry combined with activity in the construction, agricultural, industrial and public sectors of the economy, scheduled at 7:50 pm, ET, along with the Japanese CSPI- Corporate Services Price Index of the rate of inflation for corporations paying for services, also at 7:50 pm, ET.
Friday, Apr. 24 will begin with a spotlight event- the German IFO Institute Business Climate and Expectations Index, an early indicator of economic conditions and business expectations, at 4:00 am, ET.
The sequence of spotlight events will continue with the U.K. Retail Sales, the main gauge of consumer spending, at 4:30 am, ET, and 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 U.S. economic releases will bring one of the main spotlight events of the week- the U.S. Durable Goods Orders, a leading indicator of economic conditions tracking orders placed with domestic manufacturers for immediate and future delivery of factory hard goods, at 8:30 am, ET.
The trading week will end with another 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.
