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Do not Relax Your Attention

Fri, Aug 22 2008, 13:08 GMT
by Tatsuya Kawanishi

FXstreet.com


Let's keep our eyes open for the markets during the week (Aug 24 to Aug 29) The week has

several significant events. Alright! Let's review them all.


On Sunday (Aug 24th ) we have the following events to watch:

In New Zealand, Food Price Index (Previous 1.3%) is released at 22:45 GMT.

There is no further events on Sunday.


On Monday (Aug 25th ) we have the following events to watch:

In Japan, the BoJ governor Shirakawa gives a press conference at 06:00 GMT. Keep an eye

onto how the BoJ considers the current economic and fiscal situation in Japan.

In German, Import Price Index (Previous 1.5%) is released at 06:00 GMT.

In the US, Existing Home Sales ( Previous 4.86M ) is a notable event to watch.

In New Zealand, Trade Balance (Previous -0.22B) is scheduled at 22:45 GMT.


On Tuesday (Aug 26th ) we have the biggest day of the week with the following events:

In Germany, Consumer Confidence (Previous 2.1), GDP (Previous -0.5%), and Ifo Business

Climate Index (Previous 97.5) are remarkable events to watch.

In the U.K. BBA Mortgage Approvals (Previous 21.1K) is released at 08:30 GMT.

In the U.S. Consumer Confidence (Previous 51.9), New Home Sales (Previous 530K), and Richmond Manufacturing Index (Previous -16) are important events of the week.

Later on FOMC Meeting Minutes are released at 18:00 GMT. Please keep your eyes open for

it. The content of the meeting may generate high volatility for the USD against the major

currencies.


On Wednesday (Aug 27th) we have the following events to watch:

In New Zealand,Business Confidence (Previous 43.2) is an notable event.

In the U.K. Nationwide House Price Index (Previous -0.9%) is an event to follow.

In the U.S. Durable Goods Orders (Previous 0.8%) and Core Durable Goods orders (Previous 2.0%) are remarkable events to monitor.


On Thursday (Aug 28th) we have the following events to watch:

In Australia, Leading Index (Previous -0.1%) is released at 00:00 GMT.

In Switzerland, Employment Level (Previous 3.90M) is an important event to watch.

In Germany, Consumer Price Index (Previous 0.6%) is a notable event to watch.

In the Euro zone, Consumer Confidence (Previous -20) is released at 10:00GMT.

In the U.K. CBI Distributive Trades Realized (Previous -36) and GfK Consumer Confidence (Previous -39) are events to monitor.

In the U.S. Gross Domestic Product (Previous 1.9%) is an important event to watch.

In Japan, CPI (Previous 1.9%), Household Spending (Previous -1.8%), Unemployment Rate (Previous 4.1%) and Retail Sales (Previous 0.3%) are notable events to monitor.


On Friday (Aug 29th) we have the 2nd biggest day of the week with the following events:

In the Euro zone, CPI (Previous 4.0%) and Unemployment Rate (Previous 7.3%) are

remarkable events to follow.

In Switzerland, Leading Index (Previous 0.90) is released at 09:30 GMT:

In Canada, Gross Domestic Product (Previous -0.1%) is scheduled at 12:30 GMT.

In the US, Personal Spending (Previous 0.6%), Personal Income (Previous 0.1%) and Core

PCE Price Index (Previous 0.3%) are remarkable events. These events may generate high

volatility for the USD against the other major currencies. As well Chicago PMI (Previous 50.8)

and Consumer Sentiment at13:55 GMT (Previous 61.7) can not be missed to watch.



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