Jan.
16, 2010
(Allthingsforex.com)
– The
Martin Luther
King Jr.
holiday-shortened
week ahead will
be light on
U.S. economic
reports but
crucial data
from China will
provide an
insight to the
inflation
conditions,
economic
activity and
growth of the
current leader
of the
world’s
economic
rebound.
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. 17 will start the trading session with a notable report- 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, an indicator of housing market conditions measuring changes in home prices, at 7:00 pm, ET, and the Japanese Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities, at 11:30 pm, ET.
Monday, Jan. 18 will see the U.S. banks closed in observance of Martin Luther King Jr. Day.
The only notable report for this holiday’s trading session will bring a gauge of the Canadian Dollar’s attractiveness to foreign investors with the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
Tuesday, Jan. 19 will start with the Japanese Household Confidence, a measure of consumer sentiment, at 12:00 am, ET.
The first spotlight event of the week- the U.K. CPI- Consumer Price Index, the main measure of inflation preferred 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 survey of the economic outlook and sentiment of institutional investors, at 5:00 am, ET.
News from Canada will bring the Canadian Leading Indicators of economic activity, at 8:30 am, ET.
One of the main spotlight events of the week- the Bank of Canada Interest Rate Announcement, will be released at 9:00 am, ET.
The U.S. economic data will begin with the 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.
The U.S. Housing Market Index of housing market conditions 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, will come at 1:00 pm, ET.
The sequence of spotlight events will continue later that afternoon with New Zealand’s CPI- Consumer Price Index, the main measure of inflation, at 4:45 pm, ET, followed by the Australian Consumer Sentiment, a survey of consumers’ financial conditions and outlook on the economy, at 6:30 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.
Wednesday, Jan. 20 will begin with German PPI-Producers Price Index, the main measure of wholesale inflation experienced by manufacturers in the Euro-zone’s largest economy, at 2:00 am, ET.
News from the U.K. will bring a major spotlight event- the Bank of England’s Monetary Policy Committee Meeting Minutes that could provide an outlook on the economy, inflation and the bank’s future monetary policy, scheduled at 4:30 am, ET, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, important gauges of labor market conditions, also at 4:30 am, ET.
Another spotlight event will follow with the release of the Canadian CPI- Consumer Price Index, the main measure of inflation, at 7:00 am, ET.
The U.S. economic data for the day will deliver a spotlight event- the U.S. Housing Starts and Building Permits, two leading indicators of housing market conditions measuring new residential construction, at 8:30 am, ET, along with the U.S. PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, also at 8:30 am, ET.
The afternoon will bring two notable economic reports- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 pm, ET, and the Australian Inflation Expectations survey of consumers’ inflation outlook, at 7:00 pm, ET.
The day will conclude with the main spotlight event of the week- the Chinese GDP-Gross Domestic Product, the main measure of economic activity and growth in the world’s third-largest economy, at 9:00 pm, ET, along with the Chinese CPI- Consumer Price Index, the main measure of inflation, and the Chinese Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities, also at 9:00 pm, ET.
Thursday, Jan. 21 will start with the European Central Bank’s Bulletin on inflation, economic activity and growth, at 4:00 am, ET.
More European data will include the Swiss ZEW Institute Economic Expectations Index of investor sentiment, at 5:00 am, ET, and the U.K. Confederation of British Industry Industrial Trends Survey of manufacturing conditions, at 6:00 am, ET.
The U.S economic releases will begin with the weekly Jobless Claims, an important gauge of labor market conditions measuring new unemployment claims, at 8:30 am, ET, the Philadelphia Fed Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET, and the U.S. Leading Indicators of economic activity, also at 10:00 am, ET.
An important for the future fate of the Canadian Dollar spotlight event will bring the Bank of Canada’s Monetary Policy Report, offering an outlook on inflation, economic conditions and future monetary policy, scheduled at 10:30 am, ET.
The economic data will continue with the EIA- Energy Information Administration Weekly Natural Gad Inventories, at 10:30 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 11:00 am, ET.
The day will end with the Japanese All Industries Index of economic activity in all sectors of the Japanese economy, at 11:30 pm, ET.
Friday, Jan. 22 will begin with two notable reports- 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, 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, an important gauge of consumer spending measuring sales at retail establishments, at 4:30 am, ET.
The Euro-zone Industrial New Orders, a leading indicator of industrial activity, scheduled at 5:00 am, ET, and the Canadian Retail Sales, the main measure of consumer spending, at 8:30 am, ET, will wrap up the trading week.
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. 17 will start the trading session with a notable report- 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, an indicator of housing market conditions measuring changes in home prices, at 7:00 pm, ET, and the Japanese Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities, at 11:30 pm, ET.
Monday, Jan. 18 will see the U.S. banks closed in observance of Martin Luther King Jr. Day.
The only notable report for this holiday’s trading session will bring a gauge of the Canadian Dollar’s attractiveness to foreign investors with the Canadian Foreign Securities Purchases, a measure of foreign investments in Canada, at 8:30 am, ET.
Tuesday, Jan. 19 will start with the Japanese Household Confidence, a measure of consumer sentiment, at 12:00 am, ET.
The first spotlight event of the week- the U.K. CPI- Consumer Price Index, the main measure of inflation preferred 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 survey of the economic outlook and sentiment of institutional investors, at 5:00 am, ET.
News from Canada will bring the Canadian Leading Indicators of economic activity, at 8:30 am, ET.
One of the main spotlight events of the week- the Bank of Canada Interest Rate Announcement, will be released at 9:00 am, ET.
The U.S. economic data will begin with the 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.
The U.S. Housing Market Index of housing market conditions 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, will come at 1:00 pm, ET.
The sequence of spotlight events will continue later that afternoon with New Zealand’s CPI- Consumer Price Index, the main measure of inflation, at 4:45 pm, ET, followed by the Australian Consumer Sentiment, a survey of consumers’ financial conditions and outlook on the economy, at 6:30 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.
Wednesday, Jan. 20 will begin with German PPI-Producers Price Index, the main measure of wholesale inflation experienced by manufacturers in the Euro-zone’s largest economy, at 2:00 am, ET.
News from the U.K. will bring a major spotlight event- the Bank of England’s Monetary Policy Committee Meeting Minutes that could provide an outlook on the economy, inflation and the bank’s future monetary policy, scheduled at 4:30 am, ET, along with the U.K. Unemployment Rate, Unemployment Claims and Average Earnings, important gauges of labor market conditions, also at 4:30 am, ET.
Another spotlight event will follow with the release of the Canadian CPI- Consumer Price Index, the main measure of inflation, at 7:00 am, ET.
The U.S. economic data for the day will deliver a spotlight event- the U.S. Housing Starts and Building Permits, two leading indicators of housing market conditions measuring new residential construction, at 8:30 am, ET, along with the U.S. PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, also at 8:30 am, ET.
The afternoon will bring two notable economic reports- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 pm, ET, and the Australian Inflation Expectations survey of consumers’ inflation outlook, at 7:00 pm, ET.
The day will conclude with the main spotlight event of the week- the Chinese GDP-Gross Domestic Product, the main measure of economic activity and growth in the world’s third-largest economy, at 9:00 pm, ET, along with the Chinese CPI- Consumer Price Index, the main measure of inflation, and the Chinese Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities, also at 9:00 pm, ET.
Thursday, Jan. 21 will start with the European Central Bank’s Bulletin on inflation, economic activity and growth, at 4:00 am, ET.
More European data will include the Swiss ZEW Institute Economic Expectations Index of investor sentiment, at 5:00 am, ET, and the U.K. Confederation of British Industry Industrial Trends Survey of manufacturing conditions, at 6:00 am, ET.
The U.S economic releases will begin with the weekly Jobless Claims, an important gauge of labor market conditions measuring new unemployment claims, at 8:30 am, ET, the Philadelphia Fed Survey of manufacturing conditions within the Philadelphia Federal Reserve district, at 10:00 am, ET, and the U.S. Leading Indicators of economic activity, also at 10:00 am, ET.
An important for the future fate of the Canadian Dollar spotlight event will bring the Bank of Canada’s Monetary Policy Report, offering an outlook on inflation, economic conditions and future monetary policy, scheduled at 10:30 am, ET.
The economic data will continue with the EIA- Energy Information Administration Weekly Natural Gad Inventories, at 10:30 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 11:00 am, ET.
The day will end with the Japanese All Industries Index of economic activity in all sectors of the Japanese economy, at 11:30 pm, ET.
Friday, Jan. 22 will begin with two notable reports- 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, 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, an important gauge of consumer spending measuring sales at retail establishments, at 4:30 am, ET.
The Euro-zone Industrial New Orders, a leading indicator of industrial activity, scheduled at 5:00 am, ET, and the Canadian Retail Sales, the main measure of consumer spending, at 8:30 am, ET, will wrap up the trading week.
