On the previous week, The European Central Bank surprised all with their decision to cut the deposit rate. It looks like declaration of currency war from ECB. On the coming week we are awaiting rate decisions from Japan, US, UK and Switzerland. How they will answer? Sure, a very volatile week is ahead.
Here is the list of the major market-movers for the coming week.
(All times are GMT)
On Monday, at 7:00pm Reserve Bank of New Zealand Governor Graeme Wheeler speaks at the Institute of Directors, in Auckland.
On Tuesday, at 12:30am Reserve Bank of Australia will publish most recent Monetary Policy Meeting Minutes.
At 12:30pm monthly Retail Sales and Core Retail Sales will be published by US Census Bureau.
At the same time, at 12:30pm Producer Price Index (PPI Index) will be released by Bureau of Labor Statistics.
On Wednesday, at 9:30am UK Office for National Statistics will announce data from labor market – Average Earnings Index and Claimant Count Change.
At 12:30pm Statistics Canada will announce Manufacturing Sales data.
At 12:30pm Great Britain HM Treasury releases Annual Budget.
At 12:30pm Building Permits in US will be published by Census Bureau.
At the same time, at 12:30pm, US Bureau of Labor Statistics will publish Consumer Price Index (CPI) and Core CPI.
At 2:30pm Crude Oil Inventories will be provided by US Energy Information Administration.
At 6:00pm US Federal Funds Rate, FOMC Statement and FOMC Economic Projections are expected.
At 6:30pm Federal Open Market Committee Chair will hold a Press Conference.
At 9:45pm GDP q/q will be anounced by Statistics New Zealand.
On Thursday, at 12:30am statistics from Australian labor market – Employment Change and Unemployment Rate will be provided by Australian Bureau of Statistics.
At 8:30am Swiss National Bank (SNB) will publish London Interbank Offered Rate (Libor)
SNB Monetary Policy Assessment will follow it.
At 12:00pm information from Bank of England – Official Bank Rate Votes distribution, Monetary Policy Summary and Official Bank Rate will be published.
At 12:30pm Philly Fed Manufacturing Index will be released by Federal Reserve Bank of Philadelphia.
At 12:30pm US Department of Labor will announce number of Unemployment Claims – the number of individuals who filed for unemployment insurance for the first time during the past week.
On Friday, at 12:30pm Statistics Canada will issue statistics about monthly Core Retail Sales and Core CPI.
At 3:00pm University of Michigan (UoM) will release results of Prelim UoM Consumer Sentiment based on survey of about 500 consumers.
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