Still the most talks on the market about possible US interest rate change. US Federal Reserve Chair Janet Yellen speech at the University of Massachusetts had surprised many of the economists with hawkish tone. She insist that plans to rise the the interest rates during this year are still on the table. But of cause it depends on the situation on the market. So, what we can expect on the next week:
On Monday, at 12:30 William Dudley, president of the New York Federal Reserve will give an interview for the Wall Street Journal. Dudley is one of these who hopes the Fed will still raise rates this year.
On Tuesday, at 14:00 US the Conference Board Consumer Confidence level will be announced.
At 19:40 Bank of England Governor Mark Carney speaks at the Lloyds of London.
Wednesday will start with strong news from Australia. At 1:30 monthly Building Approvals from Australian Bureau of statistics will be announced.
In the morning, at 08:30 news from Great Britain. Current Account showing difference in value between imported and exported goods, services, income flows, and unilateral transfers will be provided by Office for National Statistics.
At 12:15 ADP Non-Farm Employment Change in US will be announced by Automatic Data Processing, Inc.
At 12:30 we will get data about Canadian GDP from Statistics Canada.
At 19:00 US Federal Reserve Chair Janet Yellen is scheduled to speak in St. Louis.
On Thursday, at 8:30 Manufacturing Purchasing Managers’ Index (PMI) will be announced in UK.
At 12:30, weekly Unemployment Claims will be issued by US Department of Labor.
At 14:00 US The Institute for Supply Management (ISM) will inform about Purchasing Managers’ Index (PMI).
On Friday, we will have news from Australia. At 01:30 monthly Retail Sales will be provided by Australian Bureau of Statistics.
And as usually, on the first Friday after the month ends, we are expecting very strong news from the US labor market. At 12:30 information about Non-Farm Payrolls (NFP), Unemployment Rate and Average Hourly Earnings will be announced by US Bureau of Labor Statistics