Aug.
14, 2009
(Allthingsforex.com)
– In the
week ahead
traders will
focus on the
U.S. Housing
Starts and
Existing Home
Sales data for
signs of
recovery in the
housing market
of the
world’s
largest
economy.
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, Aug. 16 will start with a notable economic report- the U.K. Rightmove House Price Index, an indicator of changes in home prices, at 7:00 pm, ET.
The first spotlight event of the week will follow with the preliminary estimate of the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:50 pm, ET.
Monday, Aug. 17 will begin with Swiss Retail Sales, an important measure of consumer spending, at 3:15 am, ET.
The Euro-zone Trade Balance of the difference between imported and exported goods and services will be released at 5:00 am, ET.
The U.S. economic data will include several important economic releases, starting with the Empire State Manufacturing Survey of manufacturing conditions in New York State, at 8:30 am, ET.
The U.S. reports will continue with the TIC- Treasury International Capital, the Treasury data tracking the flows of financial instruments into and out of the United States as a measure of the attractiveness of the U.S. Dollar for foreign investors, at 9:00 am, ET, and the NAHB- National Association of Home Builders Housing Market Index of the demand outlook of single-family home builders, at 1:00 pm, ET.
The day will end with a notable report- 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, Aug. 18 will start with a spotlight event- 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.
The Euro-zone news will deliver another 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.
The U.S. economic reports will bring one of the main spotlight events of the week- the U.S. Housing Starts and Building Permits, a gauge of housing market conditions measuring changes in the rate of home construction, at 8:30 am, ET, along with the U.S. PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, also at 8:30 am, ET.
A gauge of the attractiveness of the Canadian Dollar for foreign investors- the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, will be released at 8:30 am, ET.
The day will conclude with the New Zealand PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 6:45 pm, ET, and the Australian Leading Indicators of economic activity, at 9:00 pm, ET.
Wednesday, Aug. 19 will begin 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, at 12:30 am, ET.
The German PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers in the Euro-zone’s largest economy, will be released at 2:00 am, ET.
News from the Euro-zone will bring a spotlight event- the Euro-zone Current Account of goods, services and transfer of payments into and out of the region, due at 4:00 am, ET.
The U.K. economic data 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, scheduled at 4:30 am, ET.
Another important report will come from the U.K. with the release of the Confederation of British Industry Distributive Trades Survey of sales made by retailers and wholesalers, at 6:00 am, ET.
A major spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, will be released at 7:00 am, ET, followed by the Canadian Leading Index of economic activity, at 8:30 am, ET.
The only notable U.S. economic report that morning will be the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
An important release from “down under”- the Reserve Bank of Australia’s Monthly Report on inflation, economic activity and growth, will wrap up the day at 9:30 pm, ET.
Thursday, Aug. 20 will start with the Swiss Trade Balance of the difference between imported and exported goods and services, at 2:15 am, ET.
A spotlight event will come from the U.K. with the release of the U.K. Retail Sales, the main gauge of consumer spending, at 4:30 am, ET, along with the U.K. Public Sector Net Borrowing, a measure of credit debt and spending by public corporations, at 4:30 am, ET, and the preliminary estimate of the U.K. M4 Money Supply, also at 4:30 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, followed by the Canadian Wholesale Sales made by manufacturers, wholesalers, and retailers, at 8:30 am, ET.
A sequence of important U.S. economic data will begin with the usual for every Thursday weekly Jobless Claims, at 8:30 am, ET, and the Philly Fed Manufacturing Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET.
The U.S. reports will continue with the U.S. Leading Indicators of economic activity, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Natural Gas Inventories, at 10:30 am, ET.
A notable Canadian economic release will bring the Bank of Canada’s Quarterly Report on economic conditions, inflation and monetary policy, at 10:30 am, ET.
Friday, Aug. 21 will begin with a spotlight event- the German and the Euro-zone Manufacturing and Services PMI- Purchasing Manager's Indexes, two leading indicators of economic conditions 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 its main spotlight event- 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, 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, Aug. 16 will start with a notable economic report- the U.K. Rightmove House Price Index, an indicator of changes in home prices, at 7:00 pm, ET.
The first spotlight event of the week will follow with the preliminary estimate of the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:50 pm, ET.
Monday, Aug. 17 will begin with Swiss Retail Sales, an important measure of consumer spending, at 3:15 am, ET.
The Euro-zone Trade Balance of the difference between imported and exported goods and services will be released at 5:00 am, ET.
The U.S. economic data will include several important economic releases, starting with the Empire State Manufacturing Survey of manufacturing conditions in New York State, at 8:30 am, ET.
The U.S. reports will continue with the TIC- Treasury International Capital, the Treasury data tracking the flows of financial instruments into and out of the United States as a measure of the attractiveness of the U.S. Dollar for foreign investors, at 9:00 am, ET, and the NAHB- National Association of Home Builders Housing Market Index of the demand outlook of single-family home builders, at 1:00 pm, ET.
The day will end with a notable report- 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, Aug. 18 will start with a spotlight event- 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.
The Euro-zone news will deliver another 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.
The U.S. economic reports will bring one of the main spotlight events of the week- the U.S. Housing Starts and Building Permits, a gauge of housing market conditions measuring changes in the rate of home construction, at 8:30 am, ET, along with the U.S. PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, also at 8:30 am, ET.
A gauge of the attractiveness of the Canadian Dollar for foreign investors- the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, will be released at 8:30 am, ET.
The day will conclude with the New Zealand PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 6:45 pm, ET, and the Australian Leading Indicators of economic activity, at 9:00 pm, ET.
Wednesday, Aug. 19 will begin 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, at 12:30 am, ET.
The German PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers in the Euro-zone’s largest economy, will be released at 2:00 am, ET.
News from the Euro-zone will bring a spotlight event- the Euro-zone Current Account of goods, services and transfer of payments into and out of the region, due at 4:00 am, ET.
The U.K. economic data 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, scheduled at 4:30 am, ET.
Another important report will come from the U.K. with the release of the Confederation of British Industry Distributive Trades Survey of sales made by retailers and wholesalers, at 6:00 am, ET.
A major spotlight event- the Canadian CPI- Consumer Price Index, the main measure of inflation, will be released at 7:00 am, ET, followed by the Canadian Leading Index of economic activity, at 8:30 am, ET.
The only notable U.S. economic report that morning will be the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
An important release from “down under”- the Reserve Bank of Australia’s Monthly Report on inflation, economic activity and growth, will wrap up the day at 9:30 pm, ET.
Thursday, Aug. 20 will start with the Swiss Trade Balance of the difference between imported and exported goods and services, at 2:15 am, ET.
A spotlight event will come from the U.K. with the release of the U.K. Retail Sales, the main gauge of consumer spending, at 4:30 am, ET, along with the U.K. Public Sector Net Borrowing, a measure of credit debt and spending by public corporations, at 4:30 am, ET, and the preliminary estimate of the U.K. M4 Money Supply, also at 4:30 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, followed by the Canadian Wholesale Sales made by manufacturers, wholesalers, and retailers, at 8:30 am, ET.
A sequence of important U.S. economic data will begin with the usual for every Thursday weekly Jobless Claims, at 8:30 am, ET, and the Philly Fed Manufacturing Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET.
The U.S. reports will continue with the U.S. Leading Indicators of economic activity, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Natural Gas Inventories, at 10:30 am, ET.
A notable Canadian economic release will bring the Bank of Canada’s Quarterly Report on economic conditions, inflation and monetary policy, at 10:30 am, ET.
Friday, Aug. 21 will begin with a spotlight event- the German and the Euro-zone Manufacturing and Services PMI- Purchasing Manager's Indexes, two leading indicators of economic conditions 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 its main spotlight event- 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, scheduled at 10:00 am, ET.
