It looks that rising yen wasn’t expected not only by many traders, but also by officials of Japan. Nevertheless, almost the all previous week the yen raised, not looking at very good labor statistics from US, oil prices and anything else. And supposedly this movements will continue in the first days of the week.
On the coming week we are expecting rate decisions in the UK and Canada, and of course Doha meeting on the next Sunday may move the oil prices very significantly. Here is the list of the major market-movers for the coming week.
(All times are GMT)
On Tuesday, at 8:30am we will get information about Consumer Price Index (CPI) from UK Office for National Statistics.
On Wednesday, at12:30pm 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.
At 2:00pm Bank of Canada will release Overnight Rate, Rate Statement and Monetary Policy Report.
At 2:30pm Crude Oil Inventories will be provided by US Energy Information Administration.
At 3:15pm Bank of Canada Governor and Senior Deputy Governor hold a press-conference.
On Thursday, at 1:30am statistics from Australian labor market – Employment Change and Unemployment Rate will be provided by Australian Bureau of Statistics.
At 11:00pm information from Bank of England – Official Bank Rate Votes distribution, Monetary Policy Summary and Official Bank Rate will be published.
At 12:30pm, US Bureau of Labor Statistics will publish Consumer Price Index (CPI) and Core CPI.
The same time, 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 announce Manufacturing Sales data.
At 2:00pm University of Michigan (UoM) will release results of Prelim UoM Consumer Sentiment based on survey of about 500 consumers.
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