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Analysis

FOMC January Meeting Minutes [Video]

Let's take a look at the potential FX market movers scheduled for publication on Wednesday, February 20th. The UK CBI Industrial Trends Survey for February opens this agenda at 11 AM. The Survey balance returned to the negative territory in January after staying in the green for two consecutive months. The Australian Conference Board Leading Index for December is up next at 3:30 PM. The leading indicator declined by point 1 percent in November to stand at 106.1 points. It is then followed by the high importance US FOMC January Meeting Minutes publication at 7 PM GMT. During this meeting, the committee decided to maintain the target range for the federal funds rate at 2.25 to 2.5 percent. The Flash Australian PMIs for February are up next at 10 PM. Manufacturing PMI rose in January, but the Services index dropped to stand just one percent above the 50 level. The high importance Australian Labour Force Survey for January will be available at a half past midnight GMT. Unemployment rate slipped to 5 percent in December as employment increased by a stronger than expected 21 thousand. The Flash Japanese Manufacturing PMI for February will be published at the same time and another report regarding Japanese Economy wraps up this report at 4:30 in the morning, when the All Industry Index for December will be released.

 

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